What's Wrong in Private Equity (w/ Lee McCabe)

What's Wrong in Private Equity (w/ Lee McCabe)

What if the future of private equity looks exactly like its past? The days of cheap debt and multiple expansion are over, so the only way to win going forward is to operate your way out. Buy well, execute, and exit well. In this episode, Devin and Paul sit down with Lee McCabe — recovering operating partner, Facebook and Alibaba alum, and Founder of Claymore Partners — to unpack what the new playbook for PE actually looks like.

Paul and Lee share stories about Operating Partner roles inside private equity funds, how to bond with management teams so you can get stuff done, and how to share bad news with the deal team when they don't want to hear it. We detail the operating plays that continue to work post-close and why, in the end, there are no shortcuts, only execution. Lee calls it common sense.

You can connect with Lee at https://www.claymorepartners.com/ and follow his prolific LinkedIn account at https://www.linkedin.com/in/leemccabe/

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Parker Gals: Angela McCoy, May River

Parker Gals: Angela McCoy, May River

Cass sits down with Angela McCoy, Managing Director at May River, a private equity firm investing in lower middle market industrial businesses. Angela shares her journey from leveraged finance at Bank...

31 Elo 47min

Can You Still Trust Tech Due Diligence? (w/ Jason Gill & Kirby Montgomery, Code & Co.)

Can You Still Trust Tech Due Diligence? (w/ Jason Gill & Kirby Montgomery, Code & Co.)

What if the thing founders are proudest of in diligence — "AI wrote most of our code" — is actually the reason investors should worry? Jim sits down with Jason Gill and Kirby Montgomery of Code & Co. ...

26 Elo 1h 15min

Parker Gals: Caroline Carman, Rallyday Partners

Parker Gals: Caroline Carman, Rallyday Partners

In this episode of Parker Gals, Liz Xu sits down with her former JPMorgan colleague and friend Caroline Carman, Senior Associate at Rallyday Partners, a lower middle market private equity firm based i...

24 Elo 40min

How PE Firms Are Actually Using AI Right Now (w/ Kate Hopkins, OneGuide)

How PE Firms Are Actually Using AI Right Now (w/ Kate Hopkins, OneGuide)

Devin and Cass sit down with Kate Hopkins, founder of OneGuide, to break down the 36 AI value creation plays private equity firms and portfolio companies are running right now. From TAM mapping and li...

19 Elo 57min

Parker Gals: Maggie Pugel, Frontenac

Parker Gals: Maggie Pugel, Frontenac

In this episode, host Cass Ziebel sits down with Frontenac VP Maggie Pugel for a candid conversation about breaking into private equity the non-traditional way. Maggie shares how she went from buy-sid...

17 Elo 34min

Another False Start: PitchBook's H1 2026 Private Equity Data (w/ Steven Buibish)

Another False Start: PitchBook's H1 2026 Private Equity Data (w/ Steven Buibish)

The private equity market in 2026 was supposed to rip. So why has it fallen flat? Devin sits down with Steven Buibish, CFA, Director of US Private Equity Research at PitchBook, to break down the first...

12 Elo 1h 9min

Introducing "Parker Gals": Meet Cass & Liz

Introducing "Parker Gals": Meet Cass & Liz

Welcome to Parker Gals — the podcast by and for women in private equity. Hosts Cass Ziebel and Liz Xu kick off the very first episode from ParkerGale HQ in Chicago, introducing themselves and the show...

10 Elo 48min

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