Capital Allocators – Inside the Institutional Investment Industry John Barber – The Art of Co-Investing at Cohesive Capital (Manager Meetings, EP.31)
May 19, 2022
John Barber, Managing Partner of Cohesive Capital, leads a $1 billion firm specializing in private and growth equity co-investments. He shares insights from his unique investment philosophy that prioritizes teamwork and operational responsiveness. Barber discusses his unconventional career path, emphasizing the evolution of co-investing strategies and the importance of maintaining strong partner relationships. He also reflects on lessons from mentors, offering advice on avoiding trend-driven decisions and embracing patience in investment.
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Drexel Burnham Start
- John Barber started at Drexel Burnham in 1983, one week after college, earning $14,000 in the syndicate operations group.
- He transitioned to the syndicate department, gaining exposure to various industries and capital structures.
Generalist Advantage
- Being a generalist in the 80s provided broad exposure to different industries and companies.
- This breadth of experience helps in assessing companies and management teams.
Pitching to Ron Perlman
- At 26, John Barber pitched an IPO to Ron Perlman, highlighting his early exposure to high-stakes situations.
- He learned to navigate different firm functions, emphasizing teamwork and collaboration.