London

“We decided that unless you're really, like, if you're a big pension fund doing a lot of direct private equity, you know, probably be on the ground. We don't need to be right now.”

“We have a saying at TKO, we like to say, good deals have no wheels. And by the time the opportunity hits, you know, some investment banker's desk, you know, in London, a lot of smart people on the ground have seen the opportunity.”

“Back in 1999, there were no specialist private equity firms, and so we were fishing in a pond that was just ripe for pickings”

“First of all, I think venture capital is a very local business, because you have to fill the market, not only you meet the entrepreneur, then the consumer, the competitor, it has to be a local decision. Whoever has a global decision, you know, I see city in Ne…”

“I think LA is the new London in the sense that London used to be the place where the global jet set got together because the non-doms were there and it was just a global place. But Brexit has kind of killed that. And LA kind of has taken up the mantle in that …”

“Two, you had just had the IPO of a company called Caspi, which is a fifteen billion dollar business listed in London, a technology business out of Kazakhstan of all places, which had validated that you could build a sizable business there.”

“We made a strategic decision that it was important that a partner actually move into that area and have capital committing authority in the market, as opposed to being a satellite, which was more typical of what we were seeing in that period of time by our pee…”

“So we are the only public US fund that has a foreign office, and we have our office in London.”