Philipp Freise is Co-Head of European Private Equity at KKR, where he manages the largest private fund in Europe with $8BN in the latest fund. Philip has led KKR's investments in FGS Global, Superstruct, Axel Springer SE, BMG Rights Management, Fotolia, GetYourGuide, GfK SE, Leonine, Mediawan SAS, Scout24 Switzerland and Trainline. Previously, Philip worked at McKinsey & Company in and co-founded Berlin-based VC firm Venturepark, Europe's first pan-European incubator.

Agenda:

00:00 – "We Lost $500M in Turkey. Here’s Why We’ll Never Do It Again."

01:40 – Inside Europe’s Biggest PE Fund: $8B of Pure Firepower

03:55 – The $100M Dot-Com Failure That Changed My Career

06:45 – Why Picking the Wrong VC Will Destroy Your Company

10:20 – KKR’s $500M COVID Gamble: Genius or Insane?

12:35 – Why We Ignored the Market & Deployed 40% of Our Fund

15:55 – KKR’s Ruthless Portfolio Discipline: Love Doesn’t Matter

17:10 – Do Power Laws Apply in PE? Freise Destroys the Myth

18:45 – The Truth About Capital Intensity in the Age of AI

20:10 – Can AI Kill the PE Model? Here’s What Philipp Says

26:00 – The Secret to Great Investment Decisions at KKR

32:40 – Why There’s a $3T Liquidity Time Bomb in Venture

34:25 – The Death of IPOs? How KKR Exits Without Going Public

40:05 – Will KKR Europe Hit $20B? Freise's Bold Prediction

43:45 – Helsing, Space, and Defense: The New Age of DeepTech Bets

45:30 – Tariffs, China, and the Future of the German Car Empire

47:00 – Freise vs. Bitcoin: Will USD Still Rule in 10 Years?

48:15 – 4 Global Shocks Happening Right Now That You Need to Know

51:30 – KKR Missed Spotify AND Alibaba?! The Painful Stories

53:00 – Do Andreessen & General Catalyst Scare KKR? Freise Responds

54:30 – The One Metric That Will Define KKR’s Next Decade

Mad Money w/ Jim Cramer 3/10/23