Now that I have drawn a line in the sand around the superiority of housing industry specific Operating Partners alongside the deal teams who focus on those sectors, I need to examine the reasons why I arrive at this conclusion. I’ll start at the macro level, and progress down with more granularity as we dive […]
I ran my first Operating Partner search in 2006 for TPG. We wanted an executive who would come in and contribute across the firm’s Technology related deals. Back then, I really didn’t know what an Operating Partner role was all about, but the folks at TPG sure did. I’m grateful to have been in that situation so […]
While there was a period in 2020 that gave us all a “pregnant pause” I think the market has spoken as to whether 2021 can “deliver” the returns we’ve all become accustomed to in PE. What a wild ride it’s been for the last 18 months. In so many ways, January 1, 2021 felt like […]
It’s mid-day on December 31st and I’m spending some time looking in the rearview mirror. In 2019, it’s safe to say that one distinct recruiting trend that held momentum revolved around the importance of Go-to-Market expertise inside Private Equity Portfolio Operations teams. As I check my Twitter feed and see a post from CNBC exclaiming […]
Maybe the Game of Thrones references have all been played out (perhaps I should instead be quoting the Roy family from my newest obsession, HBO’s “Succession” series). Nonetheless, the messaging I’m getting from some very smart corners of the distressed investing landscape is that we’re in the late innings of the bull market run up… […]
It’s been just a little over a year now that I’ve been writing this blog… and it’s finally time to address the topic of Operating Partner compensation. To begin, this is not a scientific study. These are my own conclusions after having run numerous searches and interviewing hundreds of prospects. Others may have a different […]
If you’re a multi-time, PE savvy CFO, chances are you’ve been called about an Operating Partner role… and chances are, you may have simply blown it off. Out of the last 50 recruit calls you’ve received maybe you got 1 or 2 for Ops Partner roles; but be assured, those numbers will be steadily increasing […]
In a quiet fashion, over the last couple of years, we at Lancor have seen momentum build in support of a newly created C-suite role: one that fundamentally shifts the focal point for change across businesses of all sizes. The actual title varies by company and by industry, but in our experience, the person’s mandate […]
Happy New Year! On behalf of the extended team here at Lancor, we want to wish you a Happy New Year. Welcome to 2018! Like many of you, we’ll struggle for a bit wrestling with the fact that last year flew by as quickly as it did, but we look back on it with gratitude […]
In November of my Freshman year in college, my father gave me some good career advice. At the time, I quickly found myself in the process of washing out of a pre-med curriculum for reasons that, looking back, should have been entirely obvious: doctors who pass out when their blood gets drawn don’t set a […]