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Michael Woolhouse

๐Ÿ‘ค Speaker
361 total appearances

Appearances Over Time

Podcast Appearances

How I Invest with David Weisburd
E325: Inside the $100B Continuation Vehicle Boom

I'm in my sixth year here at TPG where this is a career.

How I Invest with David Weisburd
E325: Inside the $100B Continuation Vehicle Boom

I don't plan to have another.

How I Invest with David Weisburd
E325: Inside the $100B Continuation Vehicle Boom

We have a huge market opportunity that we're going after.

How I Invest with David Weisburd
E325: Inside the $100B Continuation Vehicle Boom

We have a really amazing team, really amazing culture, both within our team and across the firm to go after it together.

How I Invest with David Weisburd
E325: Inside the $100B Continuation Vehicle Boom

If you go back to TPG's origins, this was way before my time when Jim Coulter and Dave Bonderman founded the business.

How I Invest with David Weisburd
E325: Inside the $100B Continuation Vehicle Boom

You have to remember that they initially came together in a family office with a Bass family in Texas.

How I Invest with David Weisburd
E325: Inside the $100B Continuation Vehicle Boom

And then left, uh, to form TPG.

How I Invest with David Weisburd
E325: Inside the $100B Continuation Vehicle Boom

And, um, so the business in a sense has entrepreneurial roots and somehow they have been able to.

How I Invest with David Weisburd
E325: Inside the $100B Continuation Vehicle Boom

translate those roots and the culture that's associated with being entrepreneurial into something at scale.

How I Invest with David Weisburd
E325: Inside the $100B Continuation Vehicle Boom

I can't take credit for it, but as I had the luxury, I suppose, at CPP to partner with TPG, I mean, I had the luxury of choice, but I'd known TPG for a long time.

How I Invest with David Weisburd
E325: Inside the $100B Continuation Vehicle Boom

I'd worked with the firm in various capacities.

How I Invest with David Weisburd
E325: Inside the $100B Continuation Vehicle Boom

over most of my time at CPP.

How I Invest with David Weisburd
E325: Inside the $100B Continuation Vehicle Boom

And I liked the people and liked the culture.

How I Invest with David Weisburd
E325: Inside the $100B Continuation Vehicle Boom

And so at least for me, it was very intentional to look to build this business from scratch, wanting to find the recipe that we talked about before, having the latitude to hire a team that was going to have the characteristics that I talked about, fun, hardworking, capable, and all of that.

How I Invest with David Weisburd
E325: Inside the $100B Continuation Vehicle Boom

But I also wanted to be able to leverage the capabilities of what's now kind of like big TPG, where we're one of the largest private equity houses on the planet.

How I Invest with David Weisburd
E325: Inside the $100B Continuation Vehicle Boom

And being able to take that experience and those skills and apply them into this entrepreneurial venture is pretty special and pretty amazing and very intentional, at least on my part.

How I Invest with David Weisburd
E325: Inside the $100B Continuation Vehicle Boom

If I could go back to the beginning, I'd say be less afraid to fail.

How I Invest with David Weisburd
E325: Inside the $100B Continuation Vehicle Boom

I might have said this earlier.

How I Invest with David Weisburd
E325: Inside the $100B Continuation Vehicle Boom

The only time I've really learned in my career, like really learned,

How I Invest with David Weisburd
E325: Inside the $100B Continuation Vehicle Boom

You can read a book.