Episode
E421: Jack Purcell — Building an $11B Private Equity Firm
- Published
- Aug 26, 2026
- Duration seconds
- 3129
- Processing state
not_requested- Canonical source
- https://howiinvestpodcast.com/episodes/FryNIN7csQC
Actions
POST https://stenobird.com/v1/public/podcasts/how-i-invest-with-david-weisburd-6470713/episodes/e421-jack-purcell-building-an-11b-private-equity-firm/transcription-requests
Idempotently request low-priority transcript generation for this episode.GET https://stenobird.com/podcast/how-i-invest-with-david-weisburd-6470713/e421-jack-purcell-building-an-11b-private-equity-firm.md
Read the agent-friendly Markdown representation of this episode resource.
Summary
What if the biggest edge in private equity isn’t finding better deals, but designing better incentives? In this episode, I sit down with Jack Purcell, Managing Partner at Ridgemont Equity Partners, to unpack how alignment helped turn a Bank of America spinout with fewer than 15 people into a private equity firm managing more than $11 billion. Jack explains why Ridgemont invests significant GP capital alongside its LPs, why more than two-thirds of the team participates economically in its funds, and how a nine-person unanimous investment committee uses a proprietary 40-point scorecard to evaluate deals.