The moment a family business decides to be institutionally led is rarely a moment. It is usually...

The ten-year fund is a design choice, not a rule of nature. Most private capital is structured...

Capital is a commodity. This is not a criticism of capital. It is a description of how it has...

Every founder we have worked with can name the moment their business went from small to serious....

Owners tend to think about enterprise value as a number. The market thinks about it as a multiple...

Over the years we have been in the room for many first meetings between an owner and an...