meta_pixel
Tapesearch Logo
Log in
Capital Allocators – Inside the Institutional Investment Industry

Private Equity Masters: Paul Salem – Providence Equity Partners (Capital Allocators, EP.175)

Capital Allocators – Inside the Institutional Investment Industry

Ted Seides – Allocator and Asset Management Expert

Investing, Capitalallocation, Business

4.8806 Ratings

🗓️ 1 February 2021

⏱️ 57 minutes

🧾️ Download transcript

Summary

Today’s show is a preview of a mini-series coming in a few months, where I’ll be speaking with some of the preeminent leaders in private equity to learn more about what the continuing insatiable interest in the asset class is all about.
 
Paul Salem is a Senior Managing Director Emeritus at Providence Equity. Providence is a premier private equity and asset management firm focused on media, communications, education, software and services with $49 billion in asset commitments. Paul joined Providence when it was a $171 million media focused boutique in 1992 and became an integral part of the firm’s growth and success ever since until retiring a year ago. Paul considers himself the luckiest guy in the world, which you can hear more about in a TED talk he delivered a few years ago.
 
Our conversation covers Paul’s entry to the business, the benefits of specialization, Providence’s nice guy advantage, and the development of the firm over three decades.  We then turn to the competitive landscape for deals, value of operating partners, evolution of private equity, advice for allocators in the space, and life after stepping away from the business.
 
Learn More
Subscribe: Apple | Spotify | Google  
Follow Ted on twitter at @tseides or LinkedIn
Subscribe Monthly Mailing List 
Read the Transcript 


Transcript

Click on a timestamp to play from that location

0:00.0

Hello, I'm Ted Sides, and this is Capital Allocators.

0:10.1

This show is an open exploration of the people and process behind capital allocation.

0:16.3

Through conversations with leaders in the money game, we learn how these holders of the keys to the

0:21.7

kingdom allocate their time and their capital. You can keep up to date by visiting capital

0:27.4

allocatorspodcast.com. Today's show is a preview of a mini-series coming in a few months,

0:36.5

where I'll be speaking with some of the

0:38.3

preeminent leaders in private equity to learn more about what the continuing insatiable

0:43.7

interest in the asset class is all about. My guest is Paul Salem, a senior managing

0:49.9

director emeritus at Providence Equity. Providence is a premier private equity and asset management

0:55.8

firm focused on media, communications, education, software, and services with $49 billion in

1:03.8

asset commitments. Paul joined Providence when it was a $171 million media-focused boutique in 1992 and became an integral part of the firm's

1:14.5

growth and success ever since until retiring a year ago.

1:19.3

Paul considers himself the luckiest guy in the world, which you can hear more about in a

1:24.0

TED talk he delivered a few years ago.

1:27.2

Our conversation covers Paul's entry to the business, the benefits of specialization,

1:32.7

Providence's nice guy advantage, and the development of the firm over three decades.

1:38.5

We then turn to the competitive landscape for deals, value of operating partners, evolution

1:44.1

of private equity, advice for

1:46.2

allocators in the space, and life after stepping away from the business. Please enjoy my conversation

1:53.1

with Paul Salem and stay tuned for the mini series of Masters in Private Equity.

2:00.5

Please enjoy my conversation with Paul Salem and stay tuned for the mini-series,

2:06.7

Private Equity Masters.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Ted Seides – Allocator and Asset Management Expert, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Ted Seides – Allocator and Asset Management Expert and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.