That’s the question I put to my panel at SuperInvestor 2015, the annual conference for private equity decision makers. I asked four LPs to talk about a great private equity pitch they remember – teams that did something different and grabbed attention.
On the panel were Catherine Lewis La Torre, Anna Dayn, Spencer Miller and Marc der Kinderen.
Between them, they review 400 private equity fund pitches every year and they’ve seen them all – the good, the great, the bad and the ugly. Of those 400 pitches they see, they eventually invest in about 10 of them.
Anna Dayn recalled a pitch last year at SupertInvestor’s famous Quick Fire Showcase, where funds have just 90 seconds to pitch to a room of LPs. She told us about a pitch made in the form of a rap routine. Within 90 seconds, his rap managed to fit in all the fund highlights in a creative and memorable fashion.
Spencer Miller reminded us how important it is to customise your pitch for each organization you are speaking to. “Know who you’re meeting,” he said. “Have an idea of what they are interested in.” You won’t always be guided by the LP. So focusing your pitch on exactly what the investor wants “makes it much more useful, and helps build the relationship.”
“It’s fair to say that we see a lot of things that look more or less the same,” said Catherine Lewis La Torre. “One that did stand out for me was a German GP. When they went through their portfolio they got products out and started talking about them. They were so animated and passionate that they really conveyed how much they knew about the businesses and how they would be generating value. They just loved that business. And that came across.”
“It gets us excited when we can get closer to the companies,” said Marc der Kinderen. “We once had a team came in who brought one of their CEOs. He happened to be in NY, and they let him speak to us. He explained how they got started, what they were doing, how the PE firm helped, how often they spoke. That made it come alive.”
Benjamin Ball Associates prepares private equity teams for investor presentations. We combine our knowledge of the private equity sector with executive coaching, pitch polishing and intensive role-play. We can support the pitches and presentations of both funds and portfolio companies, maximising your chances of securing investment.
If you want to improve your pitch to investors call Louise on 020 7193 0130 or email email@example.com. We’ll make your pitch confident, memorable and effective.
Do you know what you want to say, and the order you want to say it in? Try this quick test of...
Investment decision-making is not a wholly rational process. Are you using all the tools at your disposal to create and...
Winning a competitive pitch Our client, a leading Financial PR agency, was ready. They’d prepared a new business pitch for...
You could shoot to fame for all the wrong reasons if a bad media interview goes viral. Unprepared, rude or flippant comments...
Better Body Language We all know that body language is important in business. But how important? And does is really...
We all feel nervous when we talk in public. This is a good thing. If we didn’t feel nervous, then...
A weak elevator pitch is a wasted opportunity Last month I chaired the Quickfire Showcase at Berlin’s SuperReturn, the annual...
Better Media Interviews The excruciating Newsnight interview with Treasury Minister Chloe Smith this summer is just one example of how poor preparation...
“I honestly thought it was the most valuable 3 hours I’ve spent with anyone in a long time.”
Mick May CEO, Blue Sky
“The new presentation properly represents the institutional quality of our fund. It has been a step change of us.”
Erwin de Klein Head of IR, Saemor Capital
“This training has contributed directly to new business – including a new FTSE100 client.”
Michelle Elstein Head of Business Development, Olswang LLP
“Good value, and highly recommended.”
Paul Farrow Director, Fishburn Hedges