Choe: Management stability shows little correlation with private equity investment success
Mike Choe · Michael Choe - Atomization of Private Equity Decisions at Charlesbank (EP.432) · Feb 17, 2025 · at 38:17
Mike Choe, CEO of Charlesbank Capital Partners, shares empirical insights from analyzing past private equity deals and their management turnover.
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“Another one would be that we used to think that management stability would be very correlated with investment success, and we looked at changes in C-suite management, and there was really not a ton of correlation there, so I'd say that's been an insight that has caused us to be perhaps a little bit less fearful of making management changes when necessary or strengthening management teams.”
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