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Every statement that passed quotation and attribution checks, across all 44 shows. Pick shows below, then mix any filter with any other.

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CAPITAL ALLOCATORS Assertion Supported
Connaughton: Bain Capital generates average returns of 20% to 25%
“So think about low rates of 1920, and 21, where we raised the capital, and then think about Our average returns being 20 to 25%.”
John Connaughton Jul 8, 2024 ▶ 27:49 Training Grounds: Bain Capital, John Connaughton (EP.395)
CAPITAL ALLOCATORS Assertion Not checkable as stated
Connaughton: 15% of all capital invested across Bain Capital is internal partner money
“15% of every dollar is our own capital, and that's multiplied by a very large dollar amount.”
John Connaughton Jun 28, 2021 ▶ 46:41 Private Equity Master 2: John Connaughton – Bain Capital (Capital Allocators, EP.201)
CAPITAL ALLOCATORS Assertion Partly supported
Connaughton: Bain Capital beats PE average by over 1,000 bps historically
“We've earned over a thousand basis points higher than The private equity mean during our history”
John Connaughton Jun 28, 2021 ▶ 49:41 Private Equity Master 2: John Connaughton – Bain Capital (Capital Allocators, EP.201)
CAPITAL ALLOCATORS Assertion Partly supported
Connaughton: Bain Capital was first to recruit PE talent out of college
“Honestly, we were the first ones to really start recruiting right out of college or certainly right after a couple of years in their first job, and I think getting people in early to really get the mentorship and training From people more experienced over a lo…”
John Connaughton Jul 8, 2024 ▶ 13:26 Training Grounds: Bain Capital, John Connaughton (EP.395)
CAPITAL ALLOCATORS Assertion Supported
Connaughton: Bain Capital started eight new businesses internally since 2015
“Starting businesses, we've started eight new businesses since 2015, and it's all with our people, and I think the opportunity to do that not by having a brand, And capital, but by having people who have decided they really wanted to really pursue an opportunit…”
John Connaughton Jul 8, 2024 ▶ 32:57 Training Grounds: Bain Capital, John Connaughton (EP.395)
CAPITAL ALLOCATORS Assertion Partly supported
Connaughton: Bain turned a 0.65x marked-down fund into over 2x return
“We had 250 people. Two thirds of those people were working inside the companies and we call it getting across the icy river. We got across the icy river, which was probably in some ways we'll never get rewarded for it, but it was probably one of our finest mom…”
John Connaughton Jul 8, 2024 ▶ 40:16 Training Grounds: Bain Capital, John Connaughton (EP.395)
CAPITAL ALLOCATORS Assertion Not checkable as stated
Connaughton: Bain Capital generates a 1,000 basis point premium over public equities
“Our ability to generate consistent differentiated thousand basis points of premium over our public equity return reference points”
John Connaughton Jul 8, 2024 ▶ 53:24 Training Grounds: Bain Capital, John Connaughton (EP.395)
CAPITAL ALLOCATORS Assertion Not checkable as stated
Connaughton: 80% of Bain Capital staff have consulting and operating backgrounds
“I mean, I think that 80% of our people come from consulting and operating backgrounds. It's like the inverse of the rest of the industry, where 80% come from finance and investment backgrounds.”
John Connaughton Jun 28, 2021 ▶ 28:33 Private Equity Master 2: John Connaughton – Bain Capital (Capital Allocators, EP.201)
CAPITAL ALLOCATORS Assertion Supported
Connaughton: Bain Capital started with VC and growth equity, not institutions
“We didn't have LPs that were institutional. We didn't know anybody on Wall Street. We actually started out in venture capital and growth equity because you could just write checks, didn't rely on other people's checks. And the money we raised was from the part…”
John Connaughton Jul 8, 2024 ▶ 8:10 Training Grounds: Bain Capital, John Connaughton (EP.395)
CAPITAL ALLOCATORS Assertion Supported
Connaughton: Bain kept the same Asia-Pacific country managers for 20+ years
“We've had the same country managers in Japan, in China, in India, Korea, and Australia from the very beginning, and we've been there for 20 plus years”
John Connaughton Jul 8, 2024 ▶ 22:35 Training Grounds: Bain Capital, John Connaughton (EP.395)
CAPITAL ALLOCATORS Assertion Partly supported
Connaughton: Bain Capital manages $200B in assets across 13 strategies
“Over time we're a 180. We have two hundred billion of assets. We have 13 strategies.”
John Connaughton Jul 8, 2024 ▶ 41:49 Training Grounds: Bain Capital, John Connaughton (EP.395)
CAPITAL ALLOCATORS Assertion Supported
Connaughton: Bain bought Baxter carve-out at 3x versus modern 15-20x multiples
“And so we negotiated a carve out three times even though at that time. Which obviously today in the diagnostic world, things trade at 15 to 20 times, so that's a, in of itself, a big opportunity for us.”
John Connaughton Jun 28, 2021 ▶ 12:28 Private Equity Master 2: John Connaughton – Bain Capital (Capital Allocators, EP.201)
CAPITAL ALLOCATORS Assertion Supported
Connaughton: Bain Turned $7M Baker Hughes Carve-Out into $40M–$50M Profit
“The sellers in this case had two hundred million dollars of preferred on a business that was losing fifty million dollars, and they asked us to put up some money at least to show that we had some risk capital, so we put up seven million dollars. For a business…”
John Connaughton Jun 28, 2021 ▶ 13:28 Private Equity Master 2: John Connaughton – Bain Capital (Capital Allocators, EP.201)
CAPITAL ALLOCATORS Assertion Supported
Connaughton: Bain & Company founded on single-client-per-industry model
“To take you back, you have to go back to 1973 because Bain and company was started on a very different premise as a consulting firm versus McKinsey and BCG and Booz Allen. Effectively, those firms were talking about big ideas. They sold to multiple clients in …”
John Connaughton Jul 8, 2024 ▶ 7:16 Training Grounds: Bain Capital, John Connaughton (EP.395)
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