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Private Credit Isn't in Crisis. It's Going Through Its First Real Cycle
15:22
S3 · E12 Feb 2026 Private Credit

Private Credit Isn't in Crisis. It's Going Through Its First Real Cycle

Diala Minott, Paul Hastings
Natalia Tsitoura, Apollo

After fifteen years without a true credit cycle, an uptick in defaults across private and public credit markets is neither surprising nor a signal of structural failure. It is the market functioning as it should. Natalia Tsitoura of Apollo makes a measured and confident case for why the fundamental supply and demand dynamics that created private credit remain intact, and why th…

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The Operating Partner Role Has Changed More in Five Years Than the Previous Twenty
13:32
S3 · E11 Feb 2026 Operations / Talent

The Operating Partner Role Has Changed More in Five Years Than the Previous Twenty

Fred Bürger, EY
Lara Mendoza, CapLink Group

The operating partner has gone from a niche capability to a standard feature of private equity, but the role itself is changing faster than most people have adapted to it. Fred Bürger of EY traces how the function has evolved over two decades: from later-stage involvement to early diligence integration, from financial engineering to genuine operational transformation, and from …

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Beyond Compliance: How Private Markets Are Embedding Sustainability Into Returns
14:56
S3 · E10 Feb 2026 ESG / Sustainability

Beyond Compliance: How Private Markets Are Embedding Sustainability Into Returns

Matt Feehily, Simpson Thacher
Elsa Palanza, ICG

The sustainability conversation in private markets has shifted. The external pressure that once defined the agenda has given way to something more fundamental: integrating ESG directly into how capital is deployed and how portfolio companies are built. Elsa Palanza, Global Head of Sustainability at ICG, makes the case that the most effective sustainability teams are not running…

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Exit Readiness Isn't a Phase. It's a Day-One Mindset.
26:26
S3 · E9 Feb 2026 Operations / Exits

Exit Readiness Isn't a Phase. It's a Day-One Mindset.

Paul Reading, Accordion
Selim Loukil, Advent

Portfolio operations has grown from a function that fixed struggling companies into a core driver of returns across the entire investment lifecycle. Selim Loukil of Advent traces how that shift has played out in practice. Earlier involvement during diligence, longer engagement periods that now stretch to 36 months or more, and an explicit focus on building internal capabilities…

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Why Your Tax Team Should Be in the Room Before the Deal Is Done
22:41
S3 · E8 Feb 2026 Tax

Why Your Tax Team Should Be in the Room Before the Deal Is Done

Laura Underhill, Clifford Chance
Ed Hammond, Coller Capital

The best in-house tax teams in private capital are not waiting to be consulted. They are in the room before a deal is structured, translating complex legislation into decisions investment teams can actually act on. Ed Hammond of Coller Capital makes the case that the shift from compliance function to trusted business advisor is not just cultural. It requires tax professionals t…

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The Hardest Part of AI Transformation Isn't the Technology
13:18
S3 · E7 Feb 2026 AI / Change Management

The Hardest Part of AI Transformation Isn't the Technology

Rakhi Williams, FTI Consulting
James Redmayne, Searchlight Capital

The tools exist. The investment theses are written. The harder problem — the one that actually determines whether AI transformation delivers — is human. James Redmayne of Searchlight Capital makes a clear-eyed case for why change management, not technology, is the defining challenge of AI adoption in private equity and portfolio operations. In conversation with Rakhi Williams o…

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The Talent Mistake Most PE Firms Keep Making
27:09
S3 · E6 Feb 2026 Talent / Value Creation

The Talent Mistake Most PE Firms Keep Making

Hein Knaapen, CEO.works
Christian Trumpler, Partners Group

Value creation plans only work if the right people are executing them. Christian Trumpler of Partners Group makes the case that talent selection failures in private equity almost always trace back to the same root cause: a lack of clarity on what a role actually needs to deliver — before the assessment process even begins. In conversation with Hein Knaapen of CEO.works, the dis…

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Why Most AI Use Cases in PE Don't Move the P&L
20:25
S3 · E5 Feb 2026 AI / Operations

Why Most AI Use Cases in PE Don't Move the P&L

Dean Hill, ECI
Valerie Legat, Astorg

Everyone in private equity is running AI pilots. Far fewer are seeing it show up on the P&L. Valerie Legat of Astorg brings a portfolio operator's perspective on why the gap between use case and real impact remains stubbornly wide — and what it actually takes to move from isolated experiments to repeatable, productised solutions across a portfolio. In conversation with…

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From Hype to ROI: AI's Real Role in Private Markets
28:13
S3 · E4 Feb 2026 AI / Investment Process

From Hype to ROI: AI's Real Role in Private Markets

Joel Burnette, BlueFlame AI
Jesse Thomas, Advent

The AI conversation in private equity has moved on. It's no longer about what's possible — it's about what's working, what's worth building, and what actually moves the needle on returns. Jesse Thomas of Advent brings a practitioner's perspective on how data science teams are being deployed inside PE firms and across portfolio companies, from deal …

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Beyond the Macro: How Europe's Best Deals Get Done
26:26
S3 · E3 Feb 2026 European PE / Macro

Beyond the Macro: How Europe's Best Deals Get Done

Karen Guch, Baker McKenzie
David Atterbury, HarbourVest

European private equity doesn't move on macro headlines — it moves on value creation at the company level. David Atterbury of HarbourVest breaks down the three forces reshaping the European mid-market: sector specialisation, digitisation, and the professionalisation of founder-led businesses. He also makes the case for why small-cap and mid-market fundraising is at record …

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Why the Best GP-Led Deals Go to Smaller Syndicates
27:52
S3 · E2 Feb 2026 Secondaries / GP-Led

Why the Best GP-Led Deals Go to Smaller Syndicates

Christopher Good, Macfarlanes
Carlo Pirzio-Biroli, CVC

The GP-led secondary market is expanding — but deal flow is outpacing available capital, and the best transactions are increasingly going to smaller, trusted syndicates rather than the widest possible investor base. Carlo Pirzio-Biroli of CVC unpacks why execution risk has become the central concern for high-quality GPs, and what secondary buyers are actually looking for when t…

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How EQT Builds the Leadership Layer Behind Its Returns
19:52
S3 · E1 Feb 2026 Talent / Leadership

How EQT Builds the Leadership Layer Behind Its Returns

Cosmo Lush, True
Bettina Siempelkamp, EQT

EQT has spent thirty years building a model where external expertise — through a global network of industrial advisers — sits alongside financial investment as a core value creation tool. Bettina Siempelkamp, EQT's Global Head of Network and Talent, offers a rare inside view of how that model has evolved: from advising deal teams on management assessments and CEO transitio…

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Latest Episodes

Featured Episodes

How EQT Builds the Leadership Layer Behind Its Returns — Cosmo Lush and Bettina Siempelkamp
19:52
S3 · E1 Feb 2026
Cosmo Lush, True Bettina Siempelkamp, EQT
Talent / Leadership
Why the Best GP-Led Deals Go to Smaller Syndicates — Christopher Good and Carlo Pirzio-Biroli
27:52
S3 · E2 Feb 2026
Christopher Good, Macfarlanes Carlo Pirzio-Biroli, CVC
Secondaries / GP-Led
Beyond the Macro: How Europe's Best Deals Get Done — Karen Guch and David Atterbury
26:26
S3 · E3 Feb 2026
Karen Guch, Baker McKenzie David Atterbury, HarbourVest
European PE / Macro
From Hype to ROI: AI's Real Role in Private Markets — Joel Burnette and Jesse Thomas
28:13
S3 · E4 Feb 2026
Joel Burnette, BlueFlame AI Jesse Thomas, Advent
AI / Investment Process
Why Most AI Use Cases in PE Don't Move the P&L — Dean Hill and Valerie Legat
20:25
S3 · E5 Feb 2026
Dean Hill, ECI Valerie Legat, Astorg
AI / Operations
The Talent Mistake Most PE Firms Keep Making — Hein Knaapen and Christian Trumpler
27:09
S3 · E6 Feb 2026
Hein Knaapen, CEO.works Christian Trumpler, Partners Group
Talent / Value Creation
The Hardest Part of AI Transformation Isn't the Technology — Rakhi Williams and James Redmayne
13:18
S3 · E7 Feb 2026
Rakhi Williams, FTI Consulting James Redmayne, Searchlight Capital
AI / Change Management
Why Your Tax Team Should Be in the Room Before the Deal Is Done — Laura Underhill and Ed Hammond
22:41
S3 · E8 Feb 2026
Laura Underhill, Clifford Chance Ed Hammond, Coller Capital
Tax
Exit Readiness Isn't a Phase. It's a Day-One Mindset. — Paul Reading and Selim Loukil
26:26
S3 · E9 Feb 2026
Paul Reading, Accordion Selim Loukil, Advent
Operations / Exits
Beyond Compliance: How Private Markets Are Embedding Sustainability Into Returns — Matt Feehily and Elsa Palanza
14:56
S3 · E10 Feb 2026
Matt Feehily, Simpson Thacher Elsa Palanza, ICG
ESG / Sustainability
The Operating Partner Role Has Changed More in Five Years Than the Previous Twenty — Fred Bürger and Lara Mendoza
13:32
S3 · E11 Feb 2026
Fred Bürger, EY Lara Mendoza, CapLink Group
Operations / Talent
Private Credit Isn't in Crisis. It's Going Through Its First Real Cycle — Diala Minott and Natalia Tsitoura
15:22
S3 · E12 Feb 2026
Diala Minott, Paul Hastings Natalia Tsitoura, Apollo
Private Credit
The Evolving CFO: Leading Through Operational Complexity — William Andreoni and Thomas Mayrhofer
18:50
S2 · E1 Oct 2025
William Andreoni, RSM US LLP Thomas Mayrhofer, DigitalBridge
CFO / Operations
Healthcare Investing: Opportunities in Telemedicine, Healthcare IT & Aging Services — Christopher Raphaely and Mark Gormley
22:05
S2 · E2 Oct 2025
Christopher Raphaely, Cozen O'Connor Mark Gormley, Lee Equity
Healthcare / AI
Secondaries: What Does the Future Hold? — Sijia Cai and Ben Perl
20:19
S2 · E3 Oct 2025
Sijia Cai, Davis Polk Ben Perl, Neuberger Berman
Secondaries
Macro Economic Outlook: Market Insights from Nasdaq's Chief Economist — Carrie Osman and Michael Normyle
9:36
S2 · E4 Oct 2025
Carrie Osman, Cruxy Michael Normyle, Nasdaq
Macro / Labour Market
Investing in US Private Equity: Navigating Inflation & Capitalizing on Dry Powder — Andy Thompson and Drew Schardt
29:15
S2 · E5 Oct 2025
Andy Thompson, Notch Partners Drew Schardt, Hamilton Lane
Macro / PE Recovery
Fund Operations & Formation — Katie St. Peters and Dipo Ashiru
33:01
S2 · E6 Oct 2025
Katie St. Peters, Kirkland & Ellis Dipo Ashiru, Veritas Capital
Fund Operations / LP Terms
Global Economic Outlook for Private Markets — Mark Pepler and Derek Mills
22:35
S2 · E7 Oct 2025
Mark Pepler, EY Derek Mills, Permira
Value Creation / Operations
Human Capital: How Talent Drives Value — Chris Gagnon and Annie Paydar
12:34
S2 · E8 Oct 2025
Chris Gagnon, CEO Works Annie Paydar, General Atlantic
Talent
Private Equity: Navigating Tax Considerations — Nancy Mehlman and Laura Warren
22:48
S2 · E9 Oct 2025
Nancy Mehlman, Simpson Thacher Laura Warren, Hamilton Lane
Tax
How Private Capital Firms Are Leveraging Generative AI — Jeffrey Klein and Dr. Katia Walsh
20:26
S2 · E10 Oct 2025
Jeffrey Klein, Alvarez & Marsal Dr. Katia Walsh, Apollo
AI / Operations
Sustainability & ESG: Building Value at Scale — Betty Huber and Devon Leahy
19:01
S2 · E11 Oct 2025
Betty Huber, Latham & Watkins Devon Leahy, L Catterton
ESG / Sustainability
How Are Private Capital Firms Leveraging Generative AI — William​​​​ Harris and Dominic Gallello
18:12
S1 · E1 Mar 2025
William​​​​ Harris, ECI Dominic Gallello, Bridgepoint
AI / Competitive Strategy
Energy & Infrastructure Investing — Kobus Cronje and Jack Paris
10:35
S1 · E2 Mar 2025
Kobus Cronje, JTC Jack Paris, InfraRed Capital Partners
Energy & Infrastructure
Value Creation & Portfolio Management — Fredrik Bürger and Mathieu Frison
9:31
S1 · E3 Mar 2025
Fredrik Bürger, EY Mathieu Frison, Charterhouse
Value Creation / Portfolio
How Talent Drives Value — Nicholas Barton and Freddy West
6:24
S1 · E4 Mar 2025
Nicholas Barton, The Barton Partnership Freddy West, Inflexion
Talent
Women in Private Markets — Ferdisha Snagg and Gurpreet Manku
13:10
S1 · E5 Mar 2025
Ferdisha Snagg, Cleary Gottlieb Steen & Hamilton Gurpreet Manku, Level20
Diversity / Women in Markets
A Focus on Private Credit — Diala Minott and Natalia Tsitoura
9:20
S1 · E6 Mar 2025
Diala Minott, Paul Hastings Natalia Tsitoura, Apollo
Private Credit
European Fund Formation — Tom Alabaster and Jeremy Dennison
18:11
S1 · E7 Mar 2025
Tom Alabaster, Ropes & Gray Jeremy Dennison, Livingbridge
Fund Formation / Jurisdictions
Navigating Tax in Private Equity — Laura Underhill and Laure Valance
11:08
S1 · E8 Mar 2025
Laura Underhill, Clifford Chance Laure Valance, Ardian
Tax
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