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Last week I attended SuperReturn in Miami March 2026.
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I have invested in over 40 businesses.
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KKR, Partners Group, Brookfield, they're all moving into royalties.
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Synthetic royalties hit $4.7 billion in transactions in 2025, a 50% increase over 2024.
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Royalties is emerging as a new and distinct asset class.
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One geopolitical event. Immediate, indiscriminate impact across asset classes.
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