MSD Partners, every mention

Gregg Lemkau - The Evolution of MSD (Capital Allocators, EP.291) Jan 9, 2023 · 21 mentions

• ▶ 2:11 Ted Seides My guest on today's show is Greg Lemkow, the CEO of MSD Partners, the investment firm with roots as Michael Dell's family office. 6 times in the scene
• ▶ 4:36 Ted Seides I think we should start with your first career before coming to MSD.
• ▶ 18:51 Gregg Lemkau And initially it actually began a relationship where after he and I for months had been at odds, have become friends in the subsequent world as I've gone on to MSD, actually become an investor behind him in his next venture because he, I…
• ▶ 23:15 Gregg Lemkau We weren't in the middle of a deal, so it caught me by surprise, and he said he had this business MSD, which I knew about. 3 times in the scene
• ▶ 26:19 Gregg Lemkau About 10 years in, they formed MSD Partners, which is a registered investment advisor, which allowed them to take outside capital.
• ▶ 30:25 Gregg Lemkau I got another thing that MSD got right from the get-go is paying real fees and carry. 3 times in the scene
• ▶ 40:13 Gregg Lemkau If you go back to what we talked about in terms of my objectives at MSD, evolve to be a world-class firm, get enough scale and capability to invest across asset classes, and then broaden the LP base. 2 times in the scene
• ▶ 42:33 Gregg Lemkau I'm thinking about what the combined BDT, MSD can be, and begin to distribute actual ownership of the firm in a way that hadn't been done before.
• ▶ 44:56 Gregg Lemkau Do BDT people think of themselves as merchant bankers and MSD as investors?
• ▶ 46:31 Gregg Lemkau We said the sooner we get to no one saying, well, I'm a BDT person or I'm an MSD person, the better.
• ▶ 57:09 Gregg Lemkau I say one of the things I feel great about here is I walked into an incredibly fortunate situation at MSD with a couple of senior people who'd been here a long time that just from day one, I could trust.