Brian Digney, SBAI Research & Content Director, joins William Kelly, CEO of CAIA, to share intriguing ODD anecdotes and observations, drawing on real-life scenarios and peppered with past experiences. They delve into the significance of operational plumbing within the industry, the rise of illiquid investments, and the vital role that ODD plays in detecting trends and risks. Also, Brian explores the delicate balance between risk and reward, outlining the key factors that institutional investors consider when partnering with emerging managers.