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[REPLAY] - Private Equity Masters 2:  John Connaughton – Bain Capital (Capital Allocators, EP.201)

Private Equity Deals with Capital Allocators

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LP Capital - What Are Some of the Lessons You've Learned?

I'm curious in the evolution of the business. At what point in time did you start thinking about retaining assets on the corporate balance sheet as opposed to maybe in the early years paying it out? Well, I think that in some ways, as I mentioned, we're a bit of a family office, right? Just the amount of investment activity, the amount of capital that each of us have personally in our own cooking is incredibly different than their industry. We have 50% of every dollar is our own capital. And that's multiplied by a very large dollar amount. But look, as we solve places where we wanted to incubate something new, if we need risk retention for credit vehicles that

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