{"podcast":{"title":"Alt Funds Network","slug":"alt-funds-network-6503747","podcast_index_feed_id":6503747,"rss_url":"https://feeds.simplecast.com/pR4BJY_p","website_url":"https://altfunds.io","image_url":"https://image.simplecastcdn.com/images/ffc0f030-35f7-4026-84ea-4e17887f1e37/c34751dc-e482-4321-9718-e7e94c0bb2e9/3000x3000/generic-spotify.jpg?aid=rss_feed","author":"Mike Schroeder & Skyler Steinke","episode_count":154,"summary":"The Alt Funds Investment podcast explores those making investments in the alternative asset landscape, as well as the vendors who service these funds. We provide resources for emerging managers and insights for those in the alternative fund space.","last_synced_at":"2026-06-13T02:17:32.593836+00:00","page_url":"https://stenobird.com/podcast/alt-funds-network-6503747"},"episode":{"title":"#141 Inside Center Book: Alpha Capture, Manager Skill and The AI Advantage - David Stemerman","slug":"141-inside-center-book-alpha-capture-manager-skill-and-the-ai-advantage-david-stemerman","published_at":"2026-03-20T05:00:00+00:00","page_url":"https://stenobird.com/podcast/alt-funds-network-6503747/141-inside-center-book-alpha-capture-manager-skill-and-the-ai-advantage-david-stemerman","show_page_url":"https://stenobird.com/podcast/alt-funds-network-6503747","url":"https://altfunds.io/episodes/141-inside-center-book-alpha-capture-manager-skill-and-the-ai-advantage-david-stemerman-wX1RBILW","audio_url":"https://cdn.simplecast.com/media/audio/transcoded/0464ed47-c2ab-46cf-ad4b-764e80811bff/376b141b-aa11-4686-8a52-449a3ea1a713/episodes/audio/group/856ebb0a-de94-472d-b54c-e881940feb3a/group-item/745ad654-4470-442d-991a-dd449627aa13/128_default_tc.mp3?aid=rss_feed&feed=pR4BJY_p","summary":"Background: David Stemerman, is Co-Founder, CEO & CIO of CenterBook Partners, a pioneering global buy-side alpha capture platform. Description: On the Alt Funds Network podcast, Mike Schroeder and Skyler Steinke interview David Stemerman, co-founder, CEO and CIO of Center Book Partners, a global buy-side alpha capture firm. Stemerman shares his background in bottom-up stock picking, work at Lone Pine, and founding KTI Capital, then explains why Center Book was built to deliver “pure alpha” by isolating managers’ idiosyncratic stock-picking returns from factor and market noise. He describes partnering with Alpha Theory to access years of portfolio and price-target data, evaluate manager skill and process discipline, and use systematic portfolio construction and efficient trading to capture managers’ “optimal portfolio” alpha. The discussion covers why equity long/short may be entering a better regime, allocators’ overconcentration in multi-manager strategies, Center Book’s growth plans, and how AI tools improve productivity, coding, and data analysis.","meta_description":"Background: David Stemerman, is Co-Founder, CEO & CIO of CenterBook Partners, a pioneering global buy-side alpha capture platform. Description: On the Alt…","key_points":[],"chapters":[],"topics":[],"duration_seconds":3593,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/alt-funds-network-6503747/episodes/141-inside-center-book-alpha-capture-manager-skill-and-the-ai-advantage-david-stemerman/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/alt-funds-network-6503747/141-inside-center-book-alpha-capture-manager-skill-and-the-ai-advantage-david-stemerman.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}