# E421: Jack Purcell — Building an $11B Private Equity Firm

Page: https://stenobird.com/podcast/how-i-invest-with-david-weisburd-6470713/e421-jack-purcell-building-an-11b-private-equity-firm
Text version: https://stenobird.com/podcast/how-i-invest-with-david-weisburd-6470713/e421-jack-purcell-building-an-11b-private-equity-firm.md
Podcast: [How I Invest with David Weisburd](https://stenobird.com/podcast/how-i-invest-with-david-weisburd-6470713)
Published: 2026-08-26T12:45:00+00:00
Episode link: https://howiinvestpodcast.com/episodes/FryNIN7csQC
Audio file: https://dts.podtrac.com/redirect.mp3/media.podcastai.com/episodes/FryNIN7csQC.mp3?u=1787750100
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Duration seconds: 3129

## Resource

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.

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## Transcript

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