Dry Powder: The Private Equity Podcast
Covid-19 isn’t just a shock to the economy—it’s a pummeling. Never before have we seen our clients grappling with so much uncertainty, across such a wide swathe of industries, all at once.
“All of our clients were overwhelmed,” says Marc Lino, head of Bain’s Covid-19 response team for the Global Private Equity practice, “and amongst all this madness, we saw they needed an objective way to understand how this crisis was going to be impacting their portfolio of businesses.”
Marc's team is on the ground 24/7, working hard to help private equity firms answer the questions our clients are grappling with now.
“While we understand that each business is unique,” Marc told me on the most recent episode of Dry Powder, “if you had a common set of criteria to assess each one, you could then have a much more objective and robust way to measure the risk and then triage where you should be spending your time.”
On today’s episode, we'll discuss how private equity firms can set up a clear command-and-control structure for rapid-fire decisions. We'll look at the tools that can help private equity firms gauge the risks to their portfolio companies, and do it quickly from the outside in. We'll also see how leading private equity firms have created centers of excellence to help overwhelmed management teams through a multifaceted crisis.