private equity industry

“If you work in finance in New York City, and you have zero equities, you're long equities, right? Right? If you're in the hedge fund industry, private equity industry, you have beta, DS&P.”

“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.”

“You're hearing portfolio construction, which is not what this industry talks about. This industry is nothing if not the chaser of the shiniest ball that comes in the room.”

“And I don't think that lobbying is so by implication, so out of control that it has to be reined in for this industry versus either reined in in general or looked at from a broader perspective.”

“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…”

“And SPACs will not be the next innovative solution. They were just far too maligned from the last cycle, but it is a potential exit route for certain companies.”

“So if you look at the private equity industry, the data tells you that over the last decade, half the returns came from multiple expansion.”

“Now, co-investment is about 30 to 40 cents of every dollar that's invested in the industry.”