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Peter Lacaillade

๐Ÿ‘ค Speaker
969 total appearances

Appearances Over Time

Podcast Appearances

Invest Like the Best with Patrick O'Shaughnessy
Peter Lacaillade - Backing The Best Managers In Private Markets - [Invest Like the Best, EP.437]

Frank is going to be more of the finance and the operation side.

Invest Like the Best with Patrick O'Shaughnessy
Peter Lacaillade - Backing The Best Managers In Private Markets - [Invest Like the Best, EP.437]

Jake will take 95% of the air in a meeting, but Frank is very, very crucial to their success, but he's probably more risk oriented.

Invest Like the Best with Patrick O'Shaughnessy
Peter Lacaillade - Backing The Best Managers In Private Markets - [Invest Like the Best, EP.437]

He's like the quiet guy at the poker table.

Invest Like the Best with Patrick O'Shaughnessy
Peter Lacaillade - Backing The Best Managers In Private Markets - [Invest Like the Best, EP.437]

who's going to be more risk on than Jake, who I joke with the guys at Radcliffe, he's like a neurotic tornado of energy.

Invest Like the Best with Patrick O'Shaughnessy
Peter Lacaillade - Backing The Best Managers In Private Markets - [Invest Like the Best, EP.437]

And Frank is really an exceptional partner to Jake.

Invest Like the Best with Patrick O'Shaughnessy
Peter Lacaillade - Backing The Best Managers In Private Markets - [Invest Like the Best, EP.437]

It's that yin-yang compliment of them.

Invest Like the Best with Patrick O'Shaughnessy
Peter Lacaillade - Backing The Best Managers In Private Markets - [Invest Like the Best, EP.437]

And they're going after, started with veterinary, then it was HVAC commercial side and residential.

Invest Like the Best with Patrick O'Shaughnessy
Peter Lacaillade - Backing The Best Managers In Private Markets - [Invest Like the Best, EP.437]

Now they've done accounting.

Invest Like the Best with Patrick O'Shaughnessy
Peter Lacaillade - Backing The Best Managers In Private Markets - [Invest Like the Best, EP.437]

which we helped anchor them in, and our good friend Josh and Karima Thrive of the Bessemer folks have partnered in their accounting platform, gone into youth sports.

Invest Like the Best with Patrick O'Shaughnessy
Peter Lacaillade - Backing The Best Managers In Private Markets - [Invest Like the Best, EP.437]

Yeah, I'm just so confident in the trajectory of what Jake and Frank will do together.

Invest Like the Best with Patrick O'Shaughnessy
Peter Lacaillade - Backing The Best Managers In Private Markets - [Invest Like the Best, EP.437]

Do you know the story of Frank?

Invest Like the Best with Patrick O'Shaughnessy
Peter Lacaillade - Backing The Best Managers In Private Markets - [Invest Like the Best, EP.437]

Tell us.

Invest Like the Best with Patrick O'Shaughnessy
Peter Lacaillade - Backing The Best Managers In Private Markets - [Invest Like the Best, EP.437]

So Frank, he wasn't like a princeling or anything in China, I think, but middle class or reasonably well off, but clearly a little bit of a renegade.

Invest Like the Best with Patrick O'Shaughnessy
Peter Lacaillade - Backing The Best Managers In Private Markets - [Invest Like the Best, EP.437]

His mom and dad dropped him off in Orange County in eighth grade.

Invest Like the Best with Patrick O'Shaughnessy
Peter Lacaillade - Backing The Best Managers In Private Markets - [Invest Like the Best, EP.437]

Irvine, California, Irvine is the valley, like bought a house and left Irvine.

Invest Like the Best with Patrick O'Shaughnessy
Peter Lacaillade - Backing The Best Managers In Private Markets - [Invest Like the Best, EP.437]

Frank in California and flew back to China.

Invest Like the Best with Patrick O'Shaughnessy
Peter Lacaillade - Backing The Best Managers In Private Markets - [Invest Like the Best, EP.437]

This is in the mid 2000s.

Invest Like the Best with Patrick O'Shaughnessy
Peter Lacaillade - Backing The Best Managers In Private Markets - [Invest Like the Best, EP.437]

There wasn't Zoom.

Invest Like the Best with Patrick O'Shaughnessy
Peter Lacaillade - Backing The Best Managers In Private Markets - [Invest Like the Best, EP.437]

This is not legal.

Invest Like the Best with Patrick O'Shaughnessy
Peter Lacaillade - Backing The Best Managers In Private Markets - [Invest Like the Best, EP.437]

He basically raised himself from eighth grade, I think through high school, went on to a great educational career, met Jake Sloan doing investment banking at Blackstone.