Acertitude: 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.
Used wisely, impatience is a positive quality that presents as curiosity and tenacity. It pushes OPs to ask the right questions, uncover truths, and drive results. After all, PE is a competitive, fast-paced environment with no signs of slowing down. In 2019, the median holding period dropped to only 4.9 years — the lowest since 2011, according to PitchBook’s annual PE breakdown. Impatience is the key to delivering the most private equity ROI in the shortest time.
Kevin O'Neill, Managing Partner at Acertitue, writes a thoughtful piece on how to navigate the fine line between impatience and private equity.
The article outlines examples of times when a good mix of impatience and patience will serve OPs and their businesses well:
- Stakeholder Communication
- Digital Transformations