
Two and Twenty: How the Masters of Private Equity Always Win

Complexity invites choice, and in making the right choices you gain an edge.
Sachin Khajuria • Two and Twenty: How the Masters of Private Equity Always Win
sees faces instead of letters, life goals instead of numbers.
Sachin Khajuria • Two and Twenty: How the Masters of Private Equity Always Win
It’s all designed to be supportive, to reassure, to reflect the Firm and its status.
Sachin Khajuria • Two and Twenty: How the Masters of Private Equity Always Win
deal teams generally consist of one employee from the analytical base, one from the middle layer, and one or two from the senior set.
Sachin Khajuria • Two and Twenty: How the Masters of Private Equity Always Win
The bottom line: In private equity, you are not an advisor. You are a principal. A new recruit in private equity must accept this reality because the job isn’t like investment banking or management consulting. You eat what you cook. The hardest work often happens after you have closed a deal. This kind of discipline, to accept that you must stick w
... See moreSachin Khajuria • Two and Twenty: How the Masters of Private Equity Always Win
the masters of private equity draw on their superior data, collected from a target company’s sector or competitors, and apply their judgment and express conviction to act.
Sachin Khajuria • Two and Twenty: How the Masters of Private Equity Always Win
meet every morning and evening to review progress and set tasks.
Sachin Khajuria • Two and Twenty: How the Masters of Private Equity Always Win
They do enough work to establish that the risks are worth taking because the reward is at least commensurate and believe that the outcome is achievable.
Sachin Khajuria • Two and Twenty: How the Masters of Private Equity Always Win
the target outcome is to make money for investors—and