Why Impatience Is a Virtue for Private Equity Execs
Gone are the days when private equity firms charged operating partners with merely managing portfolio companies. To drive returns, OPs are now tasked with pre-deal analysis, due diligence, value creation planning, and so much more. Q4 2020 hedge fund letters, conferences and more They must relentlessly pursue the best path forward, seeking new strategies to improve the value chain through operational improvements that will ultimately lead to fund outperformance. A tall order, no doubt, that often requires one distinct characteristic: impatience. Used wisely, impatience is a positive quality th...