Was this forwarded to you? Text "TIDE" to 22828 to be added to the distribution list.

2023 Barometer

In last month's newsletter, we wanted to know from you what you think will happen to the US economy in 2023? Over 100 people responded. These were the results.

List of Market Outlook for 2023

For your reading pleasure, here are all the 2023 Market Outlook from all the different firms.
A friendly reminder...

Early-bird is lock and loaded! Time is running out. Get them while they last.



Book limited discounted hotel rooms here (must be registered to book):

Get Featured!
Dr. Dorothy Kelso from the SuperReturn team started a new series of 5-minute interviews with new fund managers. If your firm is a diverse-led new manager looking for additional support to raise their profile, please e-mail Dorothy to discuss the opportunity to feature your firm: dorothy.kelso@informa.com.

Side events to put on your radar

When you want a little action on the side, we have you covered. ;) There are three events that you should have on your radar around main events at the end of this month and next month. Access is at the discretion of the hosts.

1/30: Poker Night in Miami, e-mail Yinh Hinh to request access (LP's only)
1/31: LP Dinner Hosted in Miami by Azora Capital & TIDE, e-mail Grace Reyes to request invite (LP's only)
2/16: Aprés Dinner Drinks Hosted in Albany at an undisclosed location by Palladium Equity & TIDE, request access here.
Trivia h/t to PIMCO

PIMCO recently hosted a Client Appreciation in Austin last week...and invited TIDE! (Thx, Mariko!) They had a fun trivia and gave a prize to the winners. Thought we share. Try to see - without external resources - to see how many you can get right.

1) In 2021, the dollar appreciated vs most currencies with Dollar Index (DXY) +6.4%. How did the Dollar Index (DXY) perform in 2022?
A. Increased 8.2% (dollar appreciated)
B. Increased 5.1% (dollar appreciated)
C. Decreased 2.1% (dollar depreciated)
D. Decreased 4.6% (dollar depreciated)

2) What % of the Global Agg was negative yielding at the beginning and end of 2022, respectively?
A. 17%, 0%
B. 10%, 4%
C. 25%, 6%
D. 12%, 9%

3) What country had the largest 10-year yield increase in basis points in 2022?
A. Greece
B. Mexico
C. US
D. UK

4) Which movie won the 2022 Oscar for best picture?
A. CODA
B. Drive My Car
C. The Power of the Dog
D. King Richard

5) Which was the #1 streamed song on Spotify in 2022?
A. Bad Habits (Ed Sheeran)
B. As It Was (Harry Styles)
C. Heat Waves (Glass Animals)
D. About Damn Time (Lizzo)

6) Which of the following commodity sectors performed the best in 2022?
A. Energy
B. Grains
C. Industrial Metals
D. Softs

7) What did bitcoin return in 2022?
A. -65%
B. -80%
C. -20%
D. -12%

8) What was the best and worst performing asset class in 2022 across: US Equities (S&P 500), Non-US Developed Equities (MSCI EAFE), EM Equities (MSCI EM), Long Treasuries (Bloomberg US Long Treasury Index) and Commodities (Bloomberg Commodities Index)
A. Best: US Equities / Worst: EM Equities
B. Best: Commodities / Worst: Long Treasuries
C. Best: US Equities / Worst: Commodities
D. Best: Commodities / Worst: US Equities

9) Who graced the stage at the 2022 Superbowl Halftime show?
A. Eminem
B. Snoop Dogg
C. Dr. Dre
D. All of the above

10) According to the United Nations, the world population now stands at what (as of November 2022)?
A. 20 Billion
B. 14 Billion
C. 8 Billion
D. 5 Billion

11) Who was Time Magazine's 2022 Person of the Year?
A. Ketanji Brown Jackson
B. Women Protestors in Iran
C. Volodymyr Zelensky
D. Elon Musk

12) As of year-end 2022, what terminal rate was forecasted by the Fed and the market, respectively?
A. 5.1 and 5.0
B. 4.5 and 4.8
C. 5.3 and 5.5
D. 4.3 and 4.5

Answers are provided at the end of this section.
How did you do on the trivia?
All 12 correct
9-11 correct
6-8 correct
3-5 correct
Do I get points for writing my name correctly? Asking for a friend.
Answers: 1. A, 2. A, 3. A, 4. A, 5. B, 6. A, 7. A, 8. B, 9. D, 10. C, 11. C, 12. A

Ps. The highest number of answers correct during the PIMCO event was 9.
Job Opportunities
***Featured Job Opportunities:***
Posted 11/15/22

TIDE Perks: Working with Scott Chan!


Posted 1/14/2023

TIDE Perks: Working with Rob Rahbari!



Posted 1/20/2023

TIDE Perks: Working with Mark Steed!


Events
AIMA & ACC's Private Credit Investor Forum 2023
Miami, FL | January 30, 2023
AIMA and the ACC are delighted to announce the return of the Private Credit Investor Forum at iConnections Global Alts 2023, taking place on Monday January 30 in Fontainebleau Miami Beach, Florida. Join us for this prime opportunity to reconnect with the private credit community as you embark on the year ahead.

Grace will be hosting a Roundtable!
Poker Night
Miami, FL | January 30, 2023
Want to Succeed on Wall Street? Learn Poker, Not Economics

If you’re in Miami for Hedge Fund week and want in on a little poker action, leave it to TIDE to know all the connections.

Contact Yinh Hinh to get on the waitlist. Spots limited.

As per Bloomberg News, a new study from the Federal Reserve finds that among professional investors, neither intelligence nor other personality traits and cognitive skills matter much.

The study suggests you should play poker rather than attending class and take game theory courses over economics.

Who knows how to play? 🙋🏻‍♀️
Miami LP Dinner at Nobu hosted by Azora Capital & TIDE
Miami, FL | January 31, 2023
Headed to Miami for Context, MFA, AIMA or iConnections? If so, join us for a special LP drinks at 6 PM, dinner at 7 PM, or both at Nobu. Limited seats available.
16th Annual Emerging Manager & MWBE Conference
Albany, NY | February 16, 2023
Registration is now open for NYSTRS' 13th annual Minority- and Women-Owned Business Enterprises (MWBE) Investments and Professional Services Conference on Thursday, Feb. 16. While we hope to see you in person at our Albany office we are planning this as a hybrid event in case circumstances prevent you from traveling. See the agenda for more details.
Aprés Dinner Drinks at Undisclosed Location co-hosted by Palladium & TIDE
Albany, NY | February 16, 2023
Attending the Albany conferences? Join us for a nightcap at an undisclosed location from 9 PM - 12 AM. The venue is exclusively reserved for our festivities and our festivities alone. You'll be in good company. Limited spots.
16th Annual Emerging Manager & MWBE Conference
Albany, NY | February 17, 2023
TIDE is honored to be partner of the Office of NYS Comptroller Thomas DiNapoli and be part of the 16th Annual Emerging Manager & MWBE Conference. Register today.
SuperTechnology North America
Los Angeles, CA | April 17-18, 2023
Connecting LPs & GPs in North American Tech
 
April 17 – 18, 2023
Hilton Los Angeles Universal City

10% Discount – VIP code: FKR2664TWL
View the agenda, and speakers for more information
 
 
Join 250+ leading technology experts in North American private equity and venture capital. SuperTechnology North America brings together senior executives from buyout, growth equity and venture capital firms, along with institutional investors to interact and to explore the latest trends, best practices, and market challenges in technology investments in North America.

Get to know like-minded LPs and GPs, create new contacts and catch-up with old friends at an event designed to supercharge your networking.

For more information or to register:
call: +44 (0) 20 8052 2013
or click here to register your place.
Newport Event co-hosted by CFA Providence, State of Rhode Island, TIDE
Newport, RI | June 1, 2023 tentative
Back by popular demand, TIDE is super excited to co-host a Rhode Island event with CFA Providence and the State of Rhode Island. We're still working out the details so stay tuned!
TIDE SPARK 2023
Dana Point, CA | July 12-13, 2023
Featuring the hottest names in the industry, TIDE is hosting its marquee second annual conference at Dana Point, CA. Register now for Early-Bird tickets.
ICYMI
NEWSLETTERS

Interested in sponsoring TIDE's events?
E-mail michelle@tidexchange.com for our exclusive sponsorship deck.
Was this e-mail forwarded to you? If so, sign up for our distribution list.