Dry Powder: The Private Equity Podcast

Host interviews Karen Harris to discuss the effectiveness of the Fed in controlling inflation and the role of financial markets in disinflation. Analyzing the stability of prices and uncertainty in inflation. Exploring interest rates and investor reactions. Assessing the state of the US economy and its ability to withstand rate hikes. Monitoring the macro situation and finding deals.

Stephen Pagliuca, executive at Bain Capital, discusses recruiting and retaining a team of all-stars, emphasizing servant leadership, long-term planning, and team-centric culture. The significance of fostering a respectful culture in the private equity sector is explored, along with the impact of ESG on future strategies. They also talk about changing societal values and the need for businesses to adapt.

Bain Capital's Stephen Pagliuca discusses the impact of interest rates on deal making, investment opportunities from decoupling and energy transition, navigating secular trends, effective fundraising strategy, and the potential for larger buyout funds in the private equity industry.

In the second part of our interview series with WCAS, we explore how they “co-cover” the healthcare and tech industries, together.

We ask Welsh Carson how they identify the next generation of leaders within the firm and how they extend those practices to their wider ecosystem of partners and advisors.I've also launched a weekly series of posts on LinkedIn, which you can follow  here.

The podcast discusses the challenges of fundraising in the private equity industry and the importance of a strategic approach. It highlights the need for understanding different types of LPs, storytelling, credibility, and execution in fundraising.

Deal activity, exits and fundraising are all sharply down, but the fear of a recession is also subsiding. So what’s holding investors back?Read Bain's Private Equity Midyear Report 2023, here.You can also find our latest research on the fundraising slowdown and how top private equity firms are learning to sell, here.I've also started a weekly series of posts on LinkedIn, which you can follow here.

On the previous episode of Dry Powder, Ian Charles, managing partner at Arctos Sports Partners, took us inside his approach to sports investing. It was a master class in sector specialization and value creation that you don’t want to miss, but Ian has always tended to go after nonobvious opportunities.“I grew up in a small town in Alaska,” he says. “One of the things that you always heard as a kid was if you go out on the frozen lake, make sure you’re not around too many of your friends. It’s actually safer to be all alone.”Today on the show, I ask Ian how he helped bring about a series of innovations in the secondaries market at Arctos, which launched a new strategy this week expanding into broader private markets. We’ll reflect on the creative transaction structures that have made secondaries more accessible and efficient.I've also started a series of weekly posts on LinkedIn, which you can follow here.

Ian Charles, the managing partner of Arctos’ Sports Partners, takes us inside the world of sports investing.

Christian Sinding, the CEO and managing partner of EQT Group, joins us for our first live recording. We explore when deal markets will finally stir to life and how EQT takes intelligent risks in a period of overwhelming of uncertainty.