5th
I know that this is from a few weeks ago, but I found a few interesting quotes in reference to Kevin Macdonald going to Morganthaler as a Co-Managing Parter of their Private Equity Team:
“The recruitment process really came from two different directions at once,” says Macdonald, a former co-founder and managing partner of Monitor Clipper Partners.
“Morgenthaler was working with one of the top search firms, but it turns out that Al [fellow Co-Managing Partner] and I have a number of friends in common. One of them knew what I was looking for and what Al was looking for, and put us in touch with one another.” (from peHUB)
Another prime example of using your network to your advantage. What’s that old adage? It’s not what you know…
I also like this Macdonald quote from VCAonline:
“We believe in creating value in our portfolio companies by accelerating growth, achieving scale and strengthening operating capabilities, not by relying on leverage. We believe that today’s challenging environment will soon give rise to attractive investments within our target sectors and are confident that we can capitalize on them…”
This comment seems to be very “on message” with what the public wants to hear right now (apart from being generally good advice to successful cultivation a portfolio company), and there will definitely be a large number of investment candidates and good opportunities over the next year or so.



