Insights
Ideas, observations and reflections on investment, ownership, governance, leadership and institution building.
Perspectives
Temi Marcella’s point of view on investment, ownership, capital allocation, governance and institution building, published as The Marcella Edit.
Perspective · The Marcella Edit
When Intelligence Becomes Cheap, What Becomes Valuable?
As AI makes intelligence abundant, value moves to what remains scarce: what that means for founders, companies and investors.
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Perspective · The Marcella Edit
Fix the System, Not the Woman
Closing the gap at the top depends on changing systems, capital and governance, not on asking individuals to adapt.
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Reflections
Experience-led writing on leadership, service, professional formation and institutional responsibility.
Reflections · The Annual
The Annual
Temi Marcella’s year-end letter: leadership reflections on the year behind and the one ahead.
Intelligence
Institutional research and intelligence across capital, technology and emerging markets.
TM Alpha Intelligence
Frontier Markets Don’t Have a Capital Problem. They Have a Liquidity Problem
Why the binding constraint in many growth markets is the architecture that lets capital enter, recycle and exit, and an introduction to the Liquidity Architecture Framework.
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TM Alpha Intelligence
London Is Not a Gateway. It Is a Partner.
How financial centres move from transaction-led gateway relationships to durable institutional partnership, through the Partnership Continuum.
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TM Alpha Intelligence
The Model Is Not the Asset
When AI becomes part of how care is delivered, durable value sits in the system around the model rather than the model itself.
Read on TM Alpha
The Annual
The year behind, and the one ahead.
Receive Temi Marcella’s year-end letter on leadership, capital and the year ahead.