NextGen Capital Conversations – episode 3: The emerging manager journey: What it really takes to compete

In this episode, Geoffrey Dohrmann, chairman & CEO at Institutional Real Estate, Inc., speaks with Heather Fernstrom, co-founder and managing partner at Alliance Global Advisors, and Ryan Swehla, co-founder and co-CEO at Graceada Partners, about what it truly takes for emerging managers to become institutionally ready. (03/2026)

They discuss:

• The key inflection points that prompt managers to institutionalize their platforms
• The gaps LPs and consultants most often identify when evaluating emerging managers
• Why strong performance alone is rarely enough to attract institutional capital
• How governance, infrastructure and organizational alignment build investor credibility
• The leadership focus, capital investment and time required to transition to an institutional platform