E321: Why Most LPs Have No Idea What’s in Their Portfolio

E321: Why Most LPs Have No Idea What’s in Their Portfolio

22:07 Mar 10, 2026
About this episode
Why are private markets still managed in spreadsheets when hundreds of billions of dollars are at stake? In this episode, I sit down with Ryan Eisenman, Co-Founder and CEO of Arch, a platform supporting more than 550 clients and over $405 billion in alternative assets. Arch is building an operating system for private markets that helps investors manage the operational complexity of alternatives across private equity, venture, hedge funds, credit, and more, bringing modern infrastructure to a part of the financial system that has historically relied on manual processes and fragmented data. Highlights: What breaks when an LP scales from 10 to 50 fund commitments Why most private markets data is trapped in PDFs across 800+ portals The hidden operational chaos inside family offices and RIAs How poor liquidity visibility impacts re-up decisions Why venture fundraising has fallen dramatically since 2022 peaks The shift of capital from institutions to the wealth channel Growth in independent sponsor and deal-by-deal allocations Why private market data feeds often don’t match source documents The rise of secondaries and tightening discount spreads Why borrowing against private assets remains inefficient How Arch uses AI to extract key terms from 100-page LPAs Lessons Ryan learned building a venture-backed fintech company Guest Bio: Ryan Eisenman is the Co-Founder and CEO of Arch, a fintech platform that automates data aggregation, reporting, and analytics for alternative investments. Arch serves global banks, RIAs, family offices, and institutional allocators, helping them manage complex private market portfolios more efficiently. Our Podcast now receives more than 300,000 downloads a month. Are you interested in sponsoring an episode? Please email David Weisburd at david@weisburdcapital.com. We’d like to thank AlphaSense for sponsoring this episode! Sponsor: AlphaSense is the AI-powered market intelligence platform trusted by 85% of the S&P 100, helping investment professionals make faster, more confident, data-driven decisions. Built for hedge funds, asset allocators, private venture capital firms, and investment bankers, AlphaSense uses advanced AI and powerful search across premium proprietary content to surface the insights that matter most—before the market moves. Elevate your research and stay ahead of the competition. Visit https://www.alpha-sense.com/howiinvest/ to learn more. Stay Connected with David Weisburd: X/Twitter: @dweisburd LinkedIn: https://www.linkedin.com/in/dweisburd/ Weisburd Capital: https://www.weisburdcapital.com/ Stay Connected wit
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