John Connaughton
12 statements across 2 episodes · 4 bullish · 2 bearish · 1 people on the record · first statement Jun 28, 2021 by John Connaughton · said 1 times in 1 episodes since 2024 · across every show →
On the record as a speaker too: John Connaughton's record, appearances and statements → this page counts the times other people say the name.
Mentions by year
brought up most by Ted Seides (1)
tap a year for its mentions
2024 1 mention in 1 episode
Everything said about John Connaughton, oldest first
Jun 28, 2021
Jun 28, 2021 neutral
Connaughton: Private equity's inefficiency is differential judgment of return prospects
“It's like there is an inefficiency, ultimately, that remains in our industry, not to get the highest price. They'll get that, but to have the Prospect of returns be judged differently by one sponsor versus another one strategic versus another.”
Jun 28, 2021 negative
Connaughton: Going public limits PE firms' ability to incentivize future partners
“If you're A company today that's given away half your equity, you can only give away your equity once. You can't actually give it away twice. And so right now, that's one of the reasons why our generations of partners that are leaders now stayed and are motiva…”
Jun 28, 2021
Connaughton: Expanding Decision-Making Committees Dilutes Accountability and Dialogue Quality
“Well, I think that there is this concept of adding additional voices and insights and perspectives to the room. It seems like it can only help. So having a larger and larger group of people providing input when they're really smart people, It seems intuitively…”
Jun 28, 2021
Jun 28, 2021 neutral
Connaughton: Buyer of choice status still requires paying the highest price
“Seller always gets the highest price available out there. There's this famous thing that Partners will always bring into the investment committee. It's like we're the buyer of choice. And by the way, I believe we are, but that plus a nickel more will get you t…”
Jul 8, 2024 neutral
Connaughton: Bain shifted to larger deals to maximize talent ROI
“I think that evolution resulted in us all going to larger deals and deploying capital, and then our resources deployed against larger companies, because we put half our people more often in the companies on a day-to-day basis, and so having the ability to actu…”
Jul 8, 2024 positive
Connaughton: Bain Capital Made 25x on Accuride Investment
“I think we bought Accuride. I think it was levered, 8515, or ninety-ten, and had five million of investment, and we made 25 times our money. And that's because we turned the business around, not because it was just financial engineering. We actually took a bus…”
Jul 8, 2024 positive
Connaughton: PE leaders must remain active deal practitioners to maintain credibility
“We are an industry of practitioners who also need to take leadership roles, and I think that type of credibility of having people who have been doing deals making an impact in companies and then putting them in leadership, that's been part of how we've grown o…”
Jul 8, 2024 negative
Connaughton: Promoting top dealmakers to leadership is a common PE firm mistake
“There are incredibly successful Dealmakers and portfolio folks would not be great leaders or don't want to be. And so I think that's a common mistake that firms make is they put their best dealmakers who don't either have the interest or capabilities leaders, …”
Jul 8, 2024 positive
Connaughton: Bain chose democratic partner elections over autocratic control
“We wanted to create a form of governance that allowed for the broad number of partners that remained to elect the group that could lead, but they would be accountable to the broad partnership for that leadership. And that structure, I think, worked pretty well…”