This past December, I joined the M&A Science Podcast for a wide ranging interview about my 30 year career at Bain and the evolution of the private equity industry.  My host did a superb job of walking us through the pivotal moments when the industry was forced to reinvent itself.  In this current moment of uncertainty, the interview serves as a timely reminder of how quickly the industry can change — and is often forced to. What you're about to hear are a few excerpts from that interview, lightly edited for brevity and clarity.

I'd like to thank my host, Kison Patel, for the opportunity to share this timely conversation with our audience, and if you'd like to listen to the full interview, you can visit the M&A Science Podcast here.