middle-market private equity

also referred to as: middle market private equity

6 statements across 4 episodes · 1 bullish · 2 bearish · 4 people on the record · first statement Sep 18, 2017 by Scott Malpass · across every show →

Everything said about middle-market private equity, oldest first

Sep 18, 2017 bullish
Opinion
European middle market private equity is attractive due to struggling local banks
“In private equity, we've always done more of that middle market and lower middle market. And in Europe, that's a very attractive space right now, because the banks are struggling so much.”
Scott Malpass Sep 18, 2017 ▶ 32:50 Scott Malpass – The Fighting Irish's Twelfth Man (Capital Allocators, EP.25)
Jul 18, 2022 negative
Opinion
Giannini: Cheaper middle-market private equity pricing is a complete myth
“So I would say the pricing myth is exactly that. It's a myth. There's as much competition in the mid-market as there is in the larger end of the market.”
Mario Giannini Jul 18, 2022 ▶ 37:56 Mario Giannini – View from the Top of Private Equity at Hamilton Lane (Capital Allocators, EP.262)
Jul 18, 2022 neutral
Assertion Supported
Giannini: Middle-market return dispersion is vast and widened over 10 years
“The larger firms, the largest, have a narrower dispersion of return. In other words, the difference in return is not that great between XYZ big firm. Don't tell them that, because they're also a top quartile. In the mid-market, there's a vast spread of return.…”
Mario Giannini Jul 18, 2022 ▶ 39:08 Mario Giannini – View from the Top of Private Equity at Hamilton Lane (Capital Allocators, EP.262)
Apr 27, 2023 negative
Assertion Supported
Sack: Middle-market private equity has never acquired businesses primarily with debt
“Private equity firms acquire businesses mostly using debt. Show me one of those. I would love some of that. That's never been the way it is in middle market private equity. Certainly not the way it is now.”
Aaron Sack Apr 27, 2023 ▶ 23:11 Aaron Sack – Branded Middle Market Investing at Morgan Stanley (Capital Allocators, EP.311)
Apr 27, 2023 neutral
Insight
Sack: Business owners struggle to differentiate between middle-market PE firms
“It is very difficult for a business owner to differentiate and distinguish between all of the varieties of rocks and trees and lakes and rivers and mountains and hills that are the middle market private equity diaspora.”
Aaron Sack Apr 27, 2023 ▶ 12:27 Aaron Sack – Branded Middle Market Investing at Morgan Stanley (Capital Allocators, EP.311)
Dec 22, 2025 neutral
Insight
Seides: Sovereign and Private Wealth Capital Exclusively Benefits Mega-Funds
“The private wealth channel is a whole different distribution mechanism. What those two things have in common is they benefit the largest firms. They don't benefit the middle market player. So the middle market, you have contraction, and then you have expansion…”
Ted Seides Dec 22, 2025 ▶ 11:51 Year in Review 2025 (EP.478)
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