BluWave's Karma School of Business

The private equity industry won't want to miss this insightful episode of the Karma School of Business Podcast, as host Sean Mooney welcomes Emily Holdman, Managing Director at Permanent Equity. Emily shares her unconventional route into the private equity world, highlighting the importance of diverse on-ramps into the industry. With a background in journalism and economics, Emily's story is a testament to the evolving landscape of private equity, where varied experiences and perspectives are shaping the future of the field.

Emily and Sean delve into the philosophy behind Permanent Equity, a firm that prides itself on long-term investments and partnering with successful companies that can thrive independently. They discuss the significance of team dynamics, operational excellence, and the strategic stewardship that nurtures systemic health and compounding growth in portfolio companies.

Listeners will gain an understanding of how Permanent Equity's approach to value creation is actively reshaping the private equity narrative, prioritizing long-term sustainability over short-term sprints. The conversation also touches on the importance of agility and seizing opportunities, even amid challenging economic climates.

Emily's personal anecdotes reveal her as a voracious reader and a proponent of community building within the private equity space. She extends an invitation to listeners to connect and engage with her and the Permanent Equity team, emphasizing the power of less formal, more relational interactions in the industry.

Join us for a compelling discussion that not only provides a glimpse into Emily Holdman's unique journey to private equity but also offers valuable insights into the strategic and relational shifts occurring within the industry.

2:01 - Diverse paths into private equity

6:38 - The long-term approach to private equity

11:40 - Identifying successful companies

17:13 - Investing in and growing leadership teams

23:50 - Active investment and operational partnership

30:57 - Leveraging flexibility and opportunity during change

37:08 - Emily's book recommendation

For more information about Emily and Permanent Equity, go to www.permanentequity.com.

For more information about BluWave and this podcast, go to www.bluwave.net/podcast.

In this reflective episode of the Karma School of Business Podcast, we gather pearls of wisdom from seasoned private equity veterans and business builders as they share the advice they would give their 22-year-old selves. With insights that span from embracing resilience to the power of authenticity, this episode is a guidebook for both personal and professional growth.

Join host Sean Mooney and the BluWave team as they delve into these transformative lessons that transcend time, providing guidance for the next generation of business leaders and anyone eager to refine their path to success.

1:49 - Andy Greenberg, GVC: "Just Say Yes"

4:43 - Ed Hine, Line 5 Capital: Get Comfortable Being Uncomfortable

7:45 - Matt Cole, SBJ Capital: Embrace the Journey

10:07 - Scott Phillips, Orix Capital Partners: Resilience in Tough Times

13:01 - Cici Zheng: Everything Will Be Okay

16:33 - John Huhn, Compass Group Equity Partners: Persistence Pays Off

19:20 - Brian Adams, Excelsior Capital: Own Assets Early

22:19 - Mohit Kansal, Clairvest: Skill Development Focus

23:35 - Marshall Phelps, MidOcean Partners: Invest in Relationships

26:09 - Devin Mathews, ParkerGale Capital: Be Authentically You

For more information on BluWave and each of these episodes, go to www.bluwave.net/podcast.

In this special episode of the Karma School of Business Podcast, we bring you a curated list of impactful book recommendations from our esteemed private equity industry guests, offering a wealth of knowledge to enhance your strategic thinking and personal growth.

1:34 – Author Nick Shaw's poignant and insightful "My Teacher, My Son," is a book that promises to transform your perspective on life and leadership

My Teacher, My Son: https://www.amazon.com/My-Teacher-Son-Lessons-Life/dp/B0CH7F5MGW

5:06 - Dive into the intricacies of technological advancements with Managing Partner Scott Estill's picks, "Chip Wars" by Chris Miller and "AI 2041" by Kai-Fu Lee and Chen Qiufan

Chip Wars: https://www.amazon.com/Chip-War-Dominate-Critical-Technology/dp/B09TX24J5Y/

AI 2041: https://www.amazon.com/AI-2041-Ten-Visions-Future/dp/B08SFL53HL/

9:50 - Gain historical business insights from private equity operating partner Joe DeLuca's favorite, "The Making of the Atomic Bomb" by Richard Rhodes.

The Making of the Atomic Bomb: https://www.amazon.com/Making-Atomic-Bomb-Richard-Rhodes/dp/1451677618

13:00 – Entrepreneur and attorney Scott Becker emphasizes the significance of team building with "Good to Great" by Jim Collins and the importance of health and longevity with "Outlive" by Peter Attia.

Good to Great: https://www.amazon.com/Good-to-Great-Jim-Collins-audiobook/dp/B003VXI5MS/

Outlive: https://www.amazon.com/Outlive-Longevity-Peter-Attia-MD/dp/0593236599/

16:25 – Private equity partner John Kirk reminds us of the power of collective success over individual correctness through "Us" by

Terrence Real

Us: https://www.amazon.com/Us-Getting-Build-Loving-Relationship/dp/B09BBN9LGW/

19:48 – PE operating partner Brit Yonge explores the sovereignty of choice in Viktor Frankl's "Man's Search for Meaning."

Man's Search for Meaning: https://www.amazon.com/Mans-Search-for-Meaning-audiobook/dp/B0006IU470/

23:35 – Private equity managing director Doug Horn provides a glimpse into the future of industry and geopolitics with "The End of the World is Just the Beginning" by Peter Zeihan and celebrates American entrepreneurial spirit in "Americana" by Bhu Srinivasan

The End of the World is Just the Beginning: https://www.amazon.com/End-World-Just-Beginning-Globalization/dp/B09CS8FRRD/

Americana: https://www.amazon.com/Americana-Bhu-Srinivasan-audiobook/dp/B075659K9K/

26:41 – PE managing director Mohit Kansal underscores the value of data over narrative with "Moneyball"by Michael Lewis.

Moneyball: https://www.amazon.com/Moneyball-Michael-Lewis-audiobook/dp/B005FFRQYS/

28:23 – Private equity managing director Marshall Phelps draws leadership lessons from "Washington" by Ron Chernow and delves into the intrigue of "Conspiracy" by Ryan Holiday

Washington: https://www.amazon.com/Washington-Ron-Chernow-audiobook/dp/B0045XYQ12/

Conspiracy: https://www.amazon.com/Conspiracy-Ryan-Holiday-audiobook/dp/B0794CLD44/

32:35 – Private equity managing partner Doug McCormick offers a refreshing perspective on global progress with "Factfulness" by Hans Rosling.

Factfulness: https://www.amazon.com/Factfulness-audiobook/dp/B07BFDCWZP/

Join us as we explore these diverse and thought-provoking works that have shaped the minds of business leaders and will undoubtedly influence your approach to business and life.

In this deeply moving episode of the Karma School of Business podcast, hosted by BluWave's Founder and CEO, Sean Mooney, we sit down with Nick Shaw, co-founder of Mirrorbox Leadership Lab and author of My Teacher, My Son. Nick shares his personal journey through an unimaginable tragedy that led him to profound revelations about life, empathy, and the power of choice. This episode offers a unique perspective on how to navigate life's toughest challenges and transform them into opportunities for growth and enlightenment. Whether you're a private equity professional, business owner, or anyone seeking to understand life's complexities, this episode provides invaluable insights.

To purchase Nick's book, 'My Teacher, My Son," go to https://www.amazon.com/My-Teacher-Son-Lessons-LIfe/dp/B0CH7F5MGW/ref=sr_1_2?crid=1JQJ8CWQUMHXQ&keywords=my+teacher+my+son&qid=1695828598&sprefix=my+teacher%2Caps%2C114&sr=8-2

For more information about Nick as an author, go to www.meetnickshaw.com

For more information about Nick and Mirrorbox Leadership Lab, go to www.mirrorboxleadershiplab.com

For more information about William's Be Yourself Challenge, go to www.williamsbeyourselfchallenge.org

For more information on BluWave and this podcast, go to www.bluwave.net/podcast

In this riveting episode of the Karma School of Business podcast, we delve into the private equity world with Dave Feierstein, Co-founder and Managing Partner at Ronin Equity Partners. Join our host, Sean Mooney, BluWave's Founder and CEO, as he engages Dave in a conversation that traverses his entrepreneurial beginnings to his current innovative strategies at Ronin Equity Partners. This episode offers a wealth of insights for private equity professionals and business owners, shedding light on the significance of developing efficient back-office structures, the pivotal role of change management in large corporations, and how Ronin Equity Partners is reshaping the traditional private equity paradigm. Don't miss this opportunity to learn from one of the industry's thought leaders.

1:30 - Dave's background and path to private equity

9:53 - Adding value with Zero-based Budgeting

16:15 - Deploying the business transformation playbook

25:16 - A unique approach to value creation

37:02 - An everyday life hack

For more information about Dave and Ronin Equity Partners, go to roninequitypartners.com.

For more information about BluWave and this podcast, go to bluwave.net/podcast.

In this episode, BluWave Founder and CEO, Sean Mooney, catches up with Eric Jensen, Operations Director at Nordic Capital. They explore the current dynamics of the M&A market, the significance of preparing businesses for the M&A process, and the growing importance of aligning the right roles with the right people. Also, Sean and Eric delve into the impact of technology in the corporate world, focusing on Eric's unique journey from consulting to operating and then transitioning into private equity. The pair discuss operational excellence, value creation, and how Essential Skills and strategies are combined with a strong leadership team to drive performance. Dive into this thoughtful conversation for intriguing insights into the ever-evolving private equity industry.

1:05 - Eric's path to private equity

6:54 - Introducing Thor

10:09 - Traits that display operational excellence

15:41 - The importance of expertise in value creation

20:38 - Managing stakeholder communication

27:13 - The difference in private equity investing in the US versus Europe

31:30 - Eric's advice to his younger self

For more information on Nordic Capital, go to www.nordiccapital.com.

For more information on BluWave and this podcast, go to www.bluwave.net/podcast.

In this episode of the Karma School of Business podcast, Sean Mooney interviews Jay Hernandez, head of the industrial technology practice at Raymond James. They discuss the current state of the M&A markets and offer insights for both sellers and buyers. Hernandez emphasizes the importance of preparation for sellers, advising them to engage advisors early and thoroughly prepare their businesses for the M&A process. He also urges buyers to come prepared and do their homework before pursuing a deal. Additionally, Mooney and Hernandez share their latest life hacks, including the use of sous vide cooking for perfectly cooked steaks.

1:22 - Jay's background and origin story

8:21 - The return to normalcy in the deal market

14:22 - What sellers should know before going to an investment bank

24:08 - What buyers should know before going to an investment bank

29:03 - An IB response to new LOIs

34:12 - Jay's life hack: sous vide

For more information on Raymond James, go to www.raymondjames.com

For more information on BluWave and this podcast, go to www.bluwave.net/podcast

In this special episode, we have exclusive audio from our recent webinar: Interim Ingenuity: Ready-made Executives to Elevate Your Company. The panel of experts from this webinar includes: Mark Steenhoek, Managing Director, The Stephens Group

Bryan West, Managing Director, Resurgens Technology Partners

The panel, moderated by BluWave's Richmond Donnelly, includes the following topics: 3:28 - Proprietary data highlighting human capital as a main priority

4:42 - How the experts are working with interim executives

9:20 - Value that interim executives add and the most common interims that are hired

16:49 - The interim executive selection process and criteria to follow

22:10 - How do you ensure a successful engagement

To learn more about Mark and The Stephens Group, go to www.stephensgroup.com.

To learn more about Bryan and Resurgens Technology Partners, go to wwww.resurgenstech.com

To learn more about BluWave and this podcast, go to www.bluwave.net/podcast

In this episode, host Sean Mooney and Scott Estill, a Managing Partner at Lancor, discuss the evolving landscape of the private equity industry. They delve into the importance of aligning the right people to the right roles, the emerging significance of the human aspect in business, and how top private equity firms are managing their talent acquisition and retention processes. Additionally, they explore the impact of technology advancement on the industry and everyday life. The conversation concludes with a reflection on the necessity to adapt and develop as change is the only constant factor in business. Get a behind-the-scenes look into these intriguing insights by tuning into the episode.

1:53 - Scott's story: solving a problem and whether or not to talk to your uber driver

11:43 - The most important things to make talent searches successful

22:54 - How top PE firms are managing through the assessment phase and appealing to talent

29:25 - Scott's book recommendations

For more information on Scott and Lancor, go to www.lancor.com

For more information on BluWave and this podcast, go to www.bluwave.net/podcast

In this insightful podcast episode, we delve into the key revelations from the Q3, 2023 Insights Report, showcasing the state of the private equity industry amidst fluctuating market fundamentals. We discuss intriguing observations in the industry's investment patterns; drawing attention to a significant rise in confidence, a notable shift towards growth, and an emphasis on human capital. Tune in to discover the significance of these trends, the raw data supporting these findings, and what this could mean for the future of private equity.

1:26 - Private Equity is not scared

4:45 - Fundamentals are improving

9:25 - PE is investing in growth in their companies

10:51 - Human capital activity is surging in PE

14:28 - It's time to hit the gas, with caution - what to keep an eye on

18:03 - A bold prediction

For more information on BluWave and this podcast, go to www.bluwave.net/podcast