Private Equity Master 2:  John Connaughton – Bain Capital (Capital Allocators, EP.201)

In this episode of Capital Allocators, Ted Seides interviews John Connaughton, co-managing partner at Bain Capital, about the history, growth, and investment strategies of the firm. Connaughton discusses Bain Capital's early years, its consulting-based approach to private equity, and its expansion into various asset classes. The conversation covers the firm's investment process, competitive environment, culture, succession planning, and insights for allocators, as well as Connaughton's outlook on the private equity industry. He emphasizes the importance of intellectual curiosity, operational expertise, and a long-term perspective in achieving high performance at scale.