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Culture of Collaborative Investing

Private equity firms are groups of investment professionals who must jointly agree on how to deploy the capital and resources of the firm. What kinds of firms come together to make good, informed decisions?
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The Art & Science of Dealmaking / Sponsored by: Grant Thornton

Culture of Collaborative Investing

Interviewed by: David Snow

November 1, 2012

Private equity firms are groups of investment professionals who must jointly agree on how to deploy the capital and resources of the firm. What kinds of firms come together to make good, informed decisions?

In the first of a three-part series about investment decisions, three experts discuss the culture of collaborative investing that must be in place at a private equity firm in order for it to thrive. Richard Lawson, Managing Partner and Co-Founder at Huntsman Gay Global Capital, Douglas Londal, Managing Director at New Mountain Capital and Daniel Galante, National Managing Partner of Transaction Advisory Services at Grant Thornton, share their views about the ingredients for deal success. This is required viewing for anyone who wants to better understand key differences between private equity firms.

Topics discussed include how LPs scrutinize investment committee procedures, the innovative ways that leading GPs build consensus and collaboration within the partnership, how disagreements are resolved, how the ideas of younger professionals are integrated into decision making, how to avoid creating “fiefdoms” within the firm, and what compensation model is “so dangerous” for the health of a firm. The segment also includes an expert Q&A With Galante of Grant Thornton, the sponsor of this thought-leadership series.