In this episode of Definitely Uncertain, Jean-Baptiste Wautier and David Ram discuss Vautier’s career path from M&A to private equity leadership, the alignment of interests between general and limited partners, and the critical importance of long-term wealth compounding. They also analyze how capital structure and artificial fund time horizons affect business value and decision-making. Finally, the conversation highlights key criteria for evaluating management teams and the ongoing consolidation trends shaping the future of private markets.

IN THIS EPISODE, WE DISCUSS:
• GP and LP interest alignment
• Absolute numbers for liquidity management
• Power of long-term compounding
• Criteria for hiring leadership teams
• Consolidation trends in private equity