Colbert Cannon was born in Anchorage because his father wanted to fly a Cessna on skis into remote Alaskan villages (00:01:08). He got into finance because he watched the movie Wall Street and figured lawyers must be the ones doing the deals, then landed at Goldman Sachs out of Harvard in 1997 (00:04:50). He quit banking because a deal made him miss a friend's rehearsal dinner (00:09:35). He launched his own fund, wound it down, and landed at HPS Investment Partners on the strength of people he had trusted for decades (00:13:45). Then the whole firm merged into BlackRock, and now he says the most absurd sentence in his life: my parent company manages 14 trillion dollars (00:16:19).
That's the career. The rest is better. He cooks every meal in his house and runs Thanksgiving for 30 off a 15 minute Excel grid (00:28:08). He sits on the board of Edible Schoolyard NYC (00:30:26). He almost took a standing Monday night gig at a bar on Bleecker Street (00:32:31). He met his wife at 18 and now watches her run City Pickle, the business that put pickleball courts in Central Park (00:35:00).
He has spent 13 seasons asking other people these questions on The HPScast (00:23:03). Jenny Bain asks him the one she asks every guest: what do you wish you had figured out sooner (00:38:33).
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Hosted by Jenny Bain
Featuring: Colbert Cannon, Managing Director at HPS Investment Partners
Produced and edited by two time Emmy Award winning producer Tanya Hubbard
People You Should Know is presented by Octus and part of the Octus Podcast Network
- (00:00) - Cold open and intro
(01:08) - Born in Alaska, raised in North Carolina(04:50) - Harvard, the lawyer plan, and Goldman in 1997(09:35) - Boston, Audax, and learning how businesses actually work(11:42) - Glenview, launching Wingspan, and what running a fund teaches you(13:45) - Joining HPS and the prescience of private credit(16:19) - Inside the BlackRock merger and a $14 trillion parent(19:43) - What the press gets right and wrong about private credit(23:03) - Hosting a podcast and the Danny Meyer lesson(28:08) - Cooking, Thanksgiving for 30, and Edible Schoolyard(32:31) - Music, Bleecker Street, and City Pickle(38:33) - What he wishes he'd figured out sooner