The Spark Podcast

The Spark Podcast
Podcast Description
Spark, presented by Fuel, features weekly conversations with innovative alternative asset managers, allocators, and industry experts. Host Yon Perullo explores the strategies, philosophies, and personal journeys behind today’s most compelling investment opportunities. Unlike traditional financial podcasts, Spark reveals the human elements driving investment decisions across private equity, hedge funds, venture capital, and specialized vehicles. Designed for allocators and investment professionals seeking deeper insights into alternative asset management.
Podcast Insights
Content Themes
The podcast covers a range of themes related to alternative investments, including private equity, hedge funds, and venture capital. Episodes feature topics such as the challenges and opportunities for smaller investment managers, thematic investing in energy transitions, geopolitical risks affecting global markets, and specialized strategies in volatility trading. Specific episodes include an exploration of how smaller firms thrive in competitive environments and discussions on the role of climate solutions in investment.

Spark, presented by Fuel, features weekly conversations with innovative alternative asset managers, allocators, and industry experts. Host Yon Perullo explores the strategies, philosophies, and personal journeys behind today’s most compelling investment opportunities. Unlike traditional financial podcasts, Spark reveals the human elements driving investment decisions across private equity, hedge funds, venture capital, and specialized vehicles. Designed for allocators and investment professionals seeking deeper insights into alternative asset management.
In this episode of Spark, Yon Perullo sits down with Kamal Suppal, founder of Emerging Markets Alternatives, to explore how smaller investment managers can thrive in a competitive and often biased landscape.
With over two decades of experience across global asset management, Kamal explains the importance of rigorous due diligence, the opportunities market turbulence can create for nimble managers, and why defining a clear niche is critical to winning institutional capital.
From practical advice for GPs to insight on how LPs evaluate new managers, this conversation shines a light on the real work — and real opportunity — behind emerging manager investing.

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