Dry Powder: The Private Equity Podcast
1) Mastering the Infrastructure Cycle w/ Stonepeak’s Michael Dorrell
We ask a pioneer of modern infrastructure how to invest across booms, busts, and technological revolutions.
2) Dry Powder: Live from NEXUS 2026
Jennifer Choi, CEO of ILPA, joins us for a wide-ranging conversation on the current mood among LPs, the mainstreaming of continuation vehicles, and the accelerating race to retail capital.
3) Bain & Company’s Global Private Equity Report 2026: Executive Summary
A glance at the top-line numbers would suggest the industry is gaining traction, but is it?
4) Megafund Capabilities on a Mid-market Budget w/ Gryphon's David Andrews
In part two of our interview with Gryphon’s co-CEO, we discover why his $11 billion firm built a 40-person ops team—something most middle-market firms wouldn’t even contemplate.
5) Spotting the Downturn Early and Coming Out Ahead w/ Gryphon's David Andrews
We ask the co-CEO of Gryphon Investors how he foresaw one of the harshest cycles in the industry’s history and when he thinks it may finally break.
6) What Kind of AI Cycle Are We Actually In?
The question for investors is not whether AI will boom or bust, but who may be unwittingly subsidizing the buildout.
7) Macro Update: What Could Derail 2026?
Bain’s leading macroeconomic expert examines the cracks beneath the surface of the US market and how investors should prepare for post-globalization realities.
8) Nothing Is Fundamentally Broken … Yet Again
Host Hugh MacArthur reflects on an emotionally turbulent year, the data underlying the noise, and the potential for a turnaround in 2026.
9) Yards After the Catch w/ TA’s Hythem El-Nazer
In part two of our interview series, we explore how TA hits the ground running on value creation.
10) Finding a Needle in a Haystack w/ TA’s Hythem El-Nazer
How does TA find the time — and the manpower — to sift through 40,000 companies a year?