KARMA SCHOOL OF BUSINESS PODCAST 


The Business Builders’ Podcast

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The Karma School of Business Podcast provides one-of-a-kind insights into the private equity industry, business best practices and real-time trends. You'll learn from leading private equity professionals, visionary business executives and top industry thought leaders who will help you take action, improve your business and enhance your life.

The Future of Private Equity Fundraising with Brian Bank from Kirkland and Ellis

Join host Sean Mooney and Brian Bank, a seasoned strategy and client relations executive from Kirkland & Ellis, for an enlightening discussion on the private equity landscape. With over 25 years of experience as both an institutional limited partner and placement agent, Brian delves into the nuances of fundraising, the evolving role of ESG, and the transformation of annual meetings in the post-COVID era, leveraging his extensive background and deep network within the investment funds community.Key Highlights:3:12 - Fundraising Dynamics: Insights into current trends and challenges.5:32 - Mid-Market Success: The importance of LP relationships.18:22 - Continuation Funds: Their reshaping role in private equity.35:12 - ESG's Growing Influence: On investment strategies.43:56 - Annual Meetings Evolved: Innovative approaches in a digital age.For more information on Kirkland & Ellis, go to https://www.kirkland.comFor more information on Brian Bank, go to https://www.linkedin.com/in/briandbank...

Private Equity Spotlight: Transforming Manufacturing with Jessica Ginsberg of LFM Capital

In this episode of the "Karma School of Business Podcast," host Sean Mooney and guest Jessica Ginsberg, Managing Director at LFM Capital, explore the nuances of private equity within the manufacturing sector. They discuss Jessica's unexpected entry into private equity, the inception of LFM Capital, and the firm's strategic approach to transforming manufacturing businesses.Episode Highlights: 1:25 - Jessica's serendipitous journey into private equity. 3:36 - Origins and focus of LFM Capital. 6:00 - Jessica's impact on LFM's business development and growth. 7:46 - LFM's passionate investment philosophy in manufacturing. 10:29 - Insights into Jessica's leadership and workplace culture. 12:31 - LFM's criteria for evaluating investment opportunities. 17:34 - LFM's collaborative strategy for value creation. 23:51 - The pivotal role of leadership and culture in LFM's success.For more information on LFM Capital, go to https://www.lfmcapital.com/ For more information on Jessica Ginsberg, go to...

Private Equity Spotlight: Reinventing Operational Excellence with Cory Eaves

In the "Karma School of Business Podcast," host Sean Mooney and Cory Eaves, Partner and Head of Portfolio Operations at Baypine, discuss the evolution of private equity and Cory's journey from software engineering to pioneering operational improvements in the sector with Baypine.Episode Highlights: 1:16 - Cory's shift from software engineering to private equity. 4:04 - Cory's role in operational excellence and innovation at General Atlantic and Baypine. 5:54 - Baypine's strategy: transforming non-tech businesses with technology. 8:31 - Cory's criteria for identifying promising investment opportunities. 14:56 - Baypine's digital transformation and technology-driven value creation. 20:04 - The critical role of data and AI in future business success. 29:18 - Cory's career advice: plan, pursue passions, and balance life.For more information on Baypine, go to https://baypine.com/ For more information on Cory Eaves, go to https://www.linkedin.com/in/ceaves For more information on BluWave...

Private Equity Spotlight: From Assembly Line to Investment Line with John Stewart

In this episode of the "Karma School of Business Podcast," host Sean Mooney interviews John Stewart, founder and managing partner of MiddleGround Capital. They explore John's unconventional journey from a college dropout and night shift worker at Toyota to leading a private equity firm that champions operational excellence and entrepreneurial spirit.Episode Highlights: 1:24 - John's unconventional journey from Toyota to private equity. 4:22 - How operational expertise inspired MiddleGround Capital's vision. 6:52 - Applying lean manufacturing principles to private equity. 9:12 - MiddleGround's unique value creation approach. 16:40 - Overcoming challenges in building MiddleGround Capital. 23:44 - John's advice for aspiring entrepreneurs. 29:04 - John recommends "Building a Second Brain" for efficiency.For more information on MiddleGround Capital, go to https://middleground.com/ For more information on John Stewart, go to https://www.linkedin.com/in/johnstewartky To purchase John's book,...

Private Equity Spotlight: Synergy in Action – Ami Mehta & Joe McIlhattan at Periscope Equity

In the "Karma School of Business Podcast," host Sean Mooney talks with Joe McIlhattan and Ami Mehta of Periscope Equity about their unique collaboration in private equity. They discuss the integration of deal-making and operational excellence, illustrating the firm's innovative approach and teamwork-driven success.Episode Highlights: 2:17 - Joe's transition from consulting to private equity. 3:01 - Ami's journey from auditing to operational excellence. 5:49 - Ami's focus shift to investment growth and operations. 9:08 - Traits sought in potential investments. 23:29 - Orchestrating deal and ops team synergy at Periscope Equity. 33:51 - Investing in tech-enabled service companies. 41:04 - The importance of culture in driving success. 48:52 - Advice for aspiring private equity professionals.For more information on Periscope Equity, go to https://periscopeequity.com/ For more information on Ami Mehta, go to https://www.linkedin.com/in/ami-mehta/ For more information on Joe McIlhattan, go...

Private Equity Spotlight: Formulating Wins in Specialized Sectors with Doug Horn

On the "Karma School of Business Podcast," host Sean Mooney and returning guest Doug Horn, Managing Director at Clairvest, delve into the private equity landscape's evolution. They discuss Clairvest's unique strategy of minority or non-control investments and its commitment to partnering with entrepreneurs, highlighting the firm's approach to investment opportunities and value creation.Episode Highlights: 1:34 - Doug Horn reintroduces Clairvest's philosophy and his role. 4:13 - Clairvest's five key investment criteria. 6:34 - Focusing on specific industry domains for deeper partnerships. 9:27 - How Clairvest develops industry expertise. 14:08 - The role of domain expertise in value creation. 17:05 - Case study: Success with Nextech Solutions in aerospace and defense. 22:04 - Balancing deep knowledge with openness to new opportunities. 26:48 - The impact of focus on Clairvest's success and reputation. 30:14 - Doug's advice: The value of flexibility and adaptability.For more...

Private Equity Spotlight: Building Future Leaders with Bob Belke

In the "Karma School of Business Podcast," host Sean Mooney talks with Bob Belke, Managing Partner at Lovell Minnick Partners, about his journey from a small Northern Wisconsin town to becoming a key player in private equity. They discuss the evolution of the industry, the importance of focus, and strategies for value creation.Episode Highlights: 1:06 - Bob's journey from small-town beginnings to private equity success. 4:33 - The role of tenacity and vision in achieving industry success. 6:00 - Bob's unexpected achievement in the Wisconsin spelling bee. 9:46 - Lovell Minnick's criteria for potential investments. 15:03 - Collaborating with CEOs to drive company success. 19:26 - Leveraging technology and finance for value creation. 22:20 - Bob's take on the current and future state of private equity. 33:35 - Bob's life lessons and impactful book recommendations.For more information on Lovell Minnick, go to www.lmpartners.com. For more information on Bob Belke, go to...

Private Equity Spotlight: From Lending to Leading with Gretchen Perkins

On the "Karma School of Business Podcast," Sean Mooney engages with Gretchen Perkins of Avance Investment Management to explore her transition from commercial lending to a key role in private equity business development. They discuss the evolution of private equity and the increasing importance of specialized roles in firm success.Episode Highlights: 0:54 - Gretchen's journey from commercial lending to private equity. 6:02 - Mentorship's role in developing business development skills. 9:12 - The influence of Gretchen's upbringing on her professional values. 14:21 - Avance's thematic approach to identifying investment opportunities. 24:17 - How Avance uses specialized functions for value creation. 27:21 - Gretchen's insights on market trends and investment strategies. 31:45 - Gretchen's personal tips for balance and efficiency.For more information on Avance Investment Management, go to www.avanceinv.com For more information on Gretchen Perkins, go to...

Private Equity Spotlight: Shaping the Future of Software with Carl Press from Thoma Bravo

In the "Karma School of Business Podcast," host Sean Mooney and Carl Press of Thoma Bravo explore the nuances of private equity in the software industry. They discuss Thoma Bravo's strategic investment approach, leadership development, and value creation methodologies that have established the firm as a leader in the sector.Episode Highlights: 0:32 - Carl Press discusses his transition from engineering to private equity. 7:39 - Thoma Bravo's investment philosophy and focus on enterprise software. 18:18 - An in-depth look at Thoma Bravo's strategies for value creation. 27:55 - Carl's advice for managing through economic uncertainty. 37:24 - Carl reflects on personal growth and shares influential reads.For more information on Thoma Bravo, go to www.thomabravo.com. For more information on Carl Press, go to www.linkedin.com/in/carlpress. For more information on BluWave and this podcast, go to www.bluwave.net/podcasts.
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Private Equity Insights: Q1 2024, Charging Through the Storm

In this episode of the "Karma School of Business Podcast," Sean Mooney, founder and CEO of BluWave, delves into the private equity landscape of early 2024. Utilizing BluWave's comprehensive data, Sean provides an in-depth analysis of current trends, strategic shifts, and economic indicators that are influencing the private equity sector, offering insights into how firms are navigating growth amidst changing economic conditions.Episode Breakdown: 02:09 - Exploring the "Buffalo Strategy" as a metaphor for private equity's approach to economic challenges. 04:17 - Analysis of key economic metrics and their impact on private equity strategies. 07:18 - Increased activity in the manufacturing and healthcare sectors signals strategic realignment. 09:38 - Surge in technology investments, with a focus on ERP and CRM systems for an AI-driven future. 11:55 - Trends in hiring senior-level and growth-oriented executives indicate a pivot towards expansion. 13:39 - Predictions for 2024: Assessing...

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