Investor notes, sessions & recordings

The Co-GP: JV Structure Playbook

The Co-GP: JV Structure Playbook Every joint venture is a trade: an operator gives up economics in exchange for capital it does not have and speed it cannot manufacture. In this Co-GP and JV Structure Playbook, Paul Stanton lays out the full spectrum of that trade.…

Week 12: Pull Live Investor Data with the CapitalStack API

The LP Rejection Debrief

The LP Rejection Debrief: Why LPs Are Saying No, and What's Turning When an LP passes, the reason is usually the same, and it is rarely the deal. In this LP Rejection Debrief, a new open-forum format, Paul Stanton diagnoses the rejection most operators have heard for the past 18 months: no liquidity.…

Week 11: Integrating CapitalStack Into Hubspot

Capital Markets AMA June

Capital Markets AMA · June: Retail's Comeback, Mega-Fund Consolidation, and Equity Reopening Retail has been dead for a decade, right up until someone paid $530 million for a shopping center. In the June Capital Markets AMA, Paul Stanton, the Thesis Driven partner who runs capital markets and co-founds the boutique…

Week 10: Building an LP Meeting Simulator

Week 9: Building an AI LP Outreach Auditor

Week 8: Building a Dynamic AI Analyst

Week 7: Building an AI Analyst

Placement Agent AMA

Placement Agent AMA Paul Stanton is a placement agent, which is exactly why this Placement Agent AMA is so blunt about the trade. What a GP actually buys from a good agent is not distribution, it is trust: an investor opens the email because a deal from a known agent signals that the agent only took the client on…

Week 6: Building a Deal Intake System

Writing for Capital_AI for your Investor Content Engine

Writing for Capital: AI for Your Investor Content Engine Most operators go invisible to their LPs the moment the check clears, and the reason is boring: writing takes time. The average operator spends roughly 14 hours a quarter on investor content, and at a small shop that burden lands squarely on the managing partner.…

Week 5: Building Investor Memos with AI

Week 4: AI-Powered Investor Outreach

Week 3: Automating LP Qualification

Building an LP Pipeline Without a Brand

Building an LP Pipeline Without a Brand Cold email is broken, and the culprit is everyone's favorite tool. Automation has flooded inboxes to the point where even a thoughtful message struggles to get read, which is the problem this Building an LP Pipeline Without a Brand session sets out to solve.…

Week 2: Building an AI Agent for LP Due Diligence

Family Office Fireside Range Capital

Family Office Fireside: Range Capital Somewhere in the past two years, a wave of real estate firms quietly stopped calling themselves real estate firms. Range is one of them, and on this Family Office Fireside its founder, Simon, made the case for why.…

Capital Markets AMA Late April

Capital Markets AMA · Late April: Platform M&A Takes Over, from Record Self-Storage to Retail Data Centers This is the AMA where the deals stopped being about buildings. Paul Stanton runs through a month of platform M&A, led by Public Storage's $10.…

The GP Deck Teardown

The GP Deck Teardown Most investor decks bury the one thing that would actually get a check written. That is the throughline of the inaugural GP Deck Teardown, a new Capital Stack franchise in which Paul Stanton walks through real GP decks live and says what he would change.…

Capital Markets AMA April

Capital Markets AMA · April: Consolidation, a Bifurcated Recovery, and the Rise of GP Stakes The capital markets are thawing and consolidating at the same time. In the April Capital Markets AMA, Paul Stanton opens on Sun Life making three moves in a single day: paying north of a billion dollars for BGO's real estate…

Week 1: Building an Investor Database with Clay

Playbooks for RIA Partnerships

Playbooks for RIA Partnerships: Raising Capital from the Private Wealth Channel Private wealth is now the larger pool. At roughly $204 trillion against $169 trillion for institutions, and growing faster, it is where the next decade of real estate capital gets raised, and yet high-net-worth investors hold under 2…

investor Fireside_CSFG

Investor Fireside: CSFG (Anthony Russo) The families behind 3G Capital built their fortune buying businesses and running them harder than almost anyone thought possible: Anheuser-Busch InBev, Burger King, Tim Hortons, Kraft Heinz alongside Warren Buffett. CSFG is what happens when that instinct turns to real estate.…

Introduction to OpenClaw

Introduction to OpenClaw: How Thesis Driven Hired an AI Agent Named Sarah The gap between a chatbot and an agent is the gap between an assistant who answers questions and an employee who does the work. That is the frame Paul Stanton uses to open this Capital Stack AI Lab session on OpenClaw, the open-source framework…

Capital Markets AMA Feburary

Capital Markets AMA · February: Platform Investing and Real Estate as an Operating Business The take-private trade kept rolling in February, with Veris Residential going private in a $3. 4 billion all-cash deal backed by $2.…

Investor Fireside

Investor Fireside: Wendy Craft, ELLE Family Office Wendy Craft sees about 500 deals a year and does two or three. On this Capital Stack fireside with Brad Hargreaves, the L Family Office executive explained the filter, and most of it comes down to something institutions never worry about: the family is made of real…

Structuring Programmatic Joint Venture Term Sheets

Structuring Programmatic Joint Venture Term Sheets A fund manager who raises $500 million on a 2-and-20 structure has a problem most operators would envy: that 2 percent asset management fee, roughly $10 million a year, stays locked until the capital is actually deployed. That pressure is the engine behind the…

Capital Markets AMA January

Capital Markets AMA · January: The Retail Capital Shift and "Real Estate Venture Investing" The headline numbers point one way; the real story points another. In the January Capital Markets AMA, Paul Stanton opens on a run of large raises: Bain pulling in $5 billion across new funds, with $3.…

Investor Fireside Jan

Investor Fireside: Darren Turner, Signal Line Darren Turner spent two decades investing in real estate's biggest food groups, ending as chief investment officer at Invesco Real Estate, writing the kind of $100 million to billion-dollar checks only institutions write. Signal Line, the firm he co-founded, is a…

2026 Capital Raising Events

2026 Capital-Raising Events: How to Work the Conference Circuit The real estate conference circuit is mostly a trap. Show up to the average event and 99 percent of the room is pitching deals, with a line of eight sponsors standing politely behind the one actual investor, waiting their turn.…