{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Alt Goes Mainstream: The Latest on Alternative Investments, WealthTech, & Private Markets","title":"Permira's Dipan Patel - how to scale an €80B AUM alternative asset manager","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/330d3f76\"></iframe>","width":"100%","height":180,"duration":2865,"description":"Welcome back to the Alt Goes Mainstream podcast.\nToday’s episode is with one of the executives who has helped to build one of the industry’s leading alternative asset managers.\nWe sat down in Permira’s London office with Co-CEO Dipan Patel to discuss the firm’s evolution and how the business has grown to over €80B in AUM.\nDipan brings a deep background in private equity investing to bear as he and his Co-CEO Brian Ruder now lead the firm through its next phase of growth.\nDipan joined Permira from Gores Group and is Co-Managing Partner and Co-CEO of the firm. He serves on Permira Holdings Limited Board and Permira’s Investment Committee and Executive Committee. He’s focused on technology and services investing, working on deals such as Renaissance Learning, Informatica, Axiom, AllTrails, Ancestry, LegalZoom, and more.\nDipan and I had a thought-provoking conversation about what it takes to build and run a scaled alternative asset manager and how to differentiate a firm and a culture. We discussed:\nThe founding story of Permira and the evolution of the firm since spinning out of Schroder Ventures in 1996.\nHow the firm’s beginnings have shaped the culture that has been built and how that culture has permeated how they make investment decisions, work with companies, founders, and LPs.\nHow would an LP underwrite Permira’s culture?\nHow the firm’s European heritage helps as an investor.\nThe opportunity set in Europe.\nThe investment culture at Permira and how its structure and set up helps investment processes and decision-making.\nWhy software buyouts have become a larger part of the buyout investing landscape.\nHow AI is impacting software investing and how AI is impacting services businesses.\nWhy the firm has expanded into credit.\nThe thought process behind launching a wealth solutions business, Permira Wealth, and how it reflects the culture of the firm.\nThanks Dipan for coming on the show to share the evolution of Permira and your expertise and wisdom in private...","thumbnail_url":"https://img.transistorcdn.com/AFAZ1vkAT92lFJtqt-r0HeFQ55KTdcbJHmgKXaMlAtY/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzE5MDA4LzE2MTQ1/Mzk1MDUtYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}