Buyout Managers

topic on 1 show · 3 statements across 3 episodes

Capital Allocators

3 statements about Buyout Managers, every show

Sullivan: Buyout managers anchor to cost basis instead of cutting bad deals
“They get too anchored to cost as a measure of value, and if they can't get cost, they're going to do whatever they can to get their cost back, and in fact, they might be better off to sell an investment that is not going to perform well no matter how long you …”
Tim Sullivan Jul 14, 2025 ▶ 51:00 Tim Sullivan – Yale's Private Portfolio (EP.456)
CAPITAL ALLOCATORS Assertion Supported
Dawn: Traditional buyout managers are launching single-asset continuation secondary funds
“What we're seeing right now, I would say a fairly new development is traditional buyout managers actually looking to set up their own secondary funds, just focused on investing in single asset continuation funds.”
Nigel Dawn Apr 8, 2024 ▶ 21:41 Nigel Dawn - Secondaries in Private Markets (EP.378)
Kochard: Allocators cannot easily time private equity because capital takes years to deploy
“When you commit today, if I were committing to a private, you know, buyout manager today, They may not deploy the capital for four years.”
Larry Kochard Jun 12, 2017 ▶ 41:24 Larry Kochard – Endowment Professor (Capital Allocators, EP.11)

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