Podcasts Business Investing Capital Allocators – Inside the Institutional Investment Industry Andre Bourbonnais Blackrock Long-Term Private Capital (First Meeting, EP.04)

Andre Bourbonnais Blackrock Long-Term Private Capital (First Meeting, EP.04)

Published: July 22, 2019, 9:30 a.m.

Andr\xe9 Bourbonnais is a Managing Director at Blackrock and Global Head of its newly launched Long-Term Private Capital business, a multi-billion dollar permanent capital private equity fund.\xa0 Andr\xe9 brought thirty years of private market transaction and management experience to the role, most recently as CEO and Chief Investment Officer of PSP Investments, the $110 billion Montreal-based Canadian pension fund.\xa0 He previously served as Senior Managing Director and Global Head of Private Investments at the Canada Pension Plan Investment Board (CPPIB), where he was responsible for over $65 billion in private market assets, the largest program of its kind globally.

Our conversation talks about the creation of Blackrock\u2019s innovative private equity fund starting with a clean sheet of paper.\xa0 We discuss the traditional private equity playbook, the changes in financial structure, business strategy, and return drivers that can occur with permanent capital, the structure of the fund, deal origination, a new ownership playbook, the re-underwriting process, sell decisions, portfolio construction, and managing a team whose careers will be shorter than the duration of the fund.

Learn More
Read the\xa0Transcript
Subscribe to the\xa0Capital Allocators Blog or Monthly Mailing List
Don't Subscribe, but\xa0Let Us Know Who You Are
Write a review on\xa0iTunes
Follow Ted on twitter at\xa0@tseides
Review past episodes of the\xa0Podcast


\xa0