Portland Holdings owns plenty of big-ticket items — including resorts, TV stations, a bank and numerous financial services providers. He says he loves the challenges of working in what he calls the world’s most dynamic industry — investing — but loves the generosity that money affords him even more.

An insightful piece written by Raymond Sawicki, Senior Vice President and Chief Investment Officer Mandeville Private Client Inc., for The Private Capital Markets magazine (formerly the Exempt Market Update).

While the affluent population has always invested in privately held firms, interest in private equity as an asset class has surged in recent years prompting a commensurate response from the financial community.