On the "Karma School of Business Podcast," host Sean Mooney welcomes Tim Schulte, Partner at Council Capital, for a deep dive into the private equity landscape, particularly focusing on the healthcare sector. Tim's journey from a history major to a private equity partner has uniquely influenced his approach to value creation and investment.Episode Highlights: 1:37 - Tim Schulte shares his unconventional path from studying history to becoming a partner in private equity. 8:41 - Discussion on Council Capital's investment criteria using the Market-Team-Company Framework. 12:46 - Council Capital's approach to value creation, emphasizing collaboration and respect. 19:41 - Innovations in deal sourcing at Council Capital, including the Executive in Residence program and AI tools. 23:58 - Tim shares life lessons from literature, offering book recommendations that have impacted his perspective on life and business.For more information on Council Capital, visit www.councilcapital.com. For more...

In the latest episode of the "Karma School of Business Podcast," host Sean Mooney welcomes Erica Blob, Partner at Brighton Park Capital, for a deep dive into the world of growth-stage investing. Erica shares her journey from investment banking to a significant role at Brighton Park Capital, where she leverages her extensive experience to support and grow high-potential companies.Episode Highlights: 1:38 - Erica recounts her dynamic journey in finance, including pivotal experiences that shaped her investment philosophy. 14:14 - Discussing the founding of Brighton Park Capital amidst the pandemic and the firm's unique challenges and achievements. 20:01 - Erica outlines the key traits Brighton Park Capital seeks in growth-stage companies and their approach to driving operational excellence. 30:54 - Brighton Park Capital's innovative strategy for engaging with Limited Partners, focusing on transparency and real-time insights. 34:24 - Exploring current strategic initiatives at Brighton...

On the "Karma School of Business Podcast," host Sean Mooney delves into the future of private equity, offering a comprehensive analysis of the industry's past year and the emerging trends set to define 2024. Utilizing BluWave's proprietary data alongside macroeconomic indicators, Sean presents a compelling case for the onset of a new expansion phase in the private equity sector.Episode Highlights: 1:42 - Sean discusses the identification of the market cycle's bottom and the anticipation of a growth phase lasting six to eight years. 3:10 - A retrospective look at 2023, focusing on value creation strategies and technological advancements within the industry. 8:00 - An evaluation of the predictions made for 2023, examining their accuracy and the resilience of the economy, the VC bubble burst, and the return to in-person work dynamics. 15:17 - Sean outlines his predictions for 2024, including an increase in M&A activity and strategic selling by private equity firms, highlighting the...

In this episode of the "Karma School of Business Podcast," host Sean Mooney engages with Emily Holdman, Managing Director at Permanent Equity. Emily's journey from journalism and economics to private equity exemplifies the industry's growing appreciation for diverse backgrounds and the unique insights they bring. This conversation sheds light on Permanent Equity's distinctive long-term investment philosophy and its impact on the private equity landscape.Episode Highlights:2:01 - Emily discusses her unconventional entry into private equity, highlighting the value of diverse experiences in enriching the field.6:38 - An exploration of Permanent Equity's commitment to long-term investments and the criteria for partnering with companies poised for sustained independence and growth.11:40 - The process of identifying companies with the potential for long-term success and the importance of operational excellence.17:13 - Strategies for investing in and nurturing leadership teams to foster...

This special episode of the Karma School of Business Podcast features a curated selection of book recommendations from private equity industry leaders. These books promise to enrich your strategic thinking and personal growth, covering topics from life lessons to technological advancements and historical insights.Episode Highlights: 1:34 - "My Teacher, My Son" by Nick Shaw: Transformative life and leadership lessons. 5:06 - Scott Estill recommends "Chip Wars" and "AI 2041" for tech insights. 9:50 - Joe DeLuca's pick: "The Making of the Atomic Bomb" for business history. 13:00 - Scott Becker on team building with "Good to Great" and health in "Outlive." 16:25 - John Kirk discusses collective success in "Us" by Terrence Real. 19:48 - Brit Yonge explores choice in "Man’s Search for Meaning." 23:35 - Doug Horn on industry future with "The End of the World is Just the Beginning" and "Americana." 26:41 - Mohit Kansal values data in "Moneyball" by Michael Lewis. 28:23 - Marshall Phelps on...

In an engaging episode of the Karma School of Business podcast, host Sean Mooney talks with Dave Feierstein, Co-founder and Managing Partner at Ronin Equity Partners. They explore Dave's journey from his entrepreneurial roots to pioneering new strategies in private equity. This episode is a treasure trove for those in private equity and business, highlighting the importance of efficient operations, change management, and innovative value creation.Episode Highlights: 1:30 - Dave Feierstein's journey into private equity 9:53 - Enhancing value through Zero-based Budgeting 16:15 - Implementing a business transformation strategy 25:16 - Ronin's distinctive approach to value creation 37:02 - Dave shares a practical life hackFor more information:About Dave and Ronin Equity Partners: roninequitypartners.comAbout BluWave and the podcast: bluwave.net/podcast

In the latest episode of the Karma School of Business podcast, Sean Mooney, alongside Jay Hernandez from Raymond James, dives into the nuances of the M&A market. They offer actionable insights for both buyers and sellers, emphasizing the critical importance of preparation. The conversation also veers into personal territory, with Hernandez sharing a culinary life hack involving sous vide cooking for achieving the perfect steak.Episode Highlights: 1:22 - Introduction to Jay Hernandez and his M&A background 8:21 - Analyzing the current state of the M&A market 14:22 - Advice for sellers on engaging with investment banks 24:08 - Tips for buyers on preparing for investment bank interactions 29:03 - How investment banks handle new Letters of Intent (LOIs) 34:12 - Jay's culinary life hack: sous vide for the perfect steakFor more information on Raymond James, go to www.raymondjames.comFor more information on BluWave and this podcast, go to www.bluwave.net/podcast

In this episode, we explore the pivotal insights from the Q3, 2023 Insights Report, highlighting the evolving dynamics of the private equity industry against a backdrop of changing market fundamentals. The discussion focuses on the industry's growing confidence, a strategic pivot towards growth, and the increasing importance of human capital. Join us as we unpack these trends, supported by compelling data, and discuss their potential impact on the future of private equity.Episode Highlights: 1:26 - Rising confidence within private equity 4:45 - Signs of improving market fundamentals 9:25 - A focus on growth investments by PE firms 10:51 - The surge in human capital activities in PE 14:28 - Advancing with caution: areas to watch 18:03 - Making a bold prediction about the industry's futureFor more information on BluWave and this podcast, go to www.bluwave.net/podcast

In this captivating episode, host Sean Mooney and guest Andy Greenberg delve into their diverse career trajectories and the dynamic evolution of the M&A market. From Andy's unexpected journey from politics to investment banking to the transformation of M&A operations through technology, they discuss the growing importance of specialization in the field. They also forecast the potential impact of AI on the industry's future efficiency.Episode Highlights: 1:31 - Andy shares his journey into the world of M&A 7:10 - Reflecting on the M&A landscape in the mid-90s 12:58 - The evolution of the M&A business to its current state 22:14 - The increasing significance of industry-specific expertise 29:44 - Predictions for the future direction of the M&A market 36:18 - Andy imparts wisdom to his younger selfTo learn more about Andy and Greenberg Variations Capital, go to www.greenbergvariations.comTo listen to Middle Market Musings, go to www.middlemarketmusings.com