Board meetings are a critical tool for private equity firms to drive strategy, track progress, and unlock value. In this episode, Sean Mooney, Lloyd Metz, and Doug McCormick explore how private equity boards operate, from setting agendas and assembling members to balancing tactical updates with strategic discussions.

They discuss the importance of preparation, the role of independent directors, and how to ensure that board meetings foster alignment and productive decision-making. Whether you’re refining your approach or learning how boards work, this episode offers key insights for making meetings count.

Episode Highlights:

2:27 - The strategic purpose of PE board meetings and how they differ from weekly updates.

4:02 - Preparation benefits: How crafting the deck helps teams prioritize objectives.

10:02 - Board composition explained: PE team members, independent directors, and management.

18:48 - The role of independent directors: Strategic value and practical benefits.

27:01 - Structuring meetings: Financial updates, strategy reviews, and actionable takeaways.

34:13 - Avoiding pitfalls: Keeping board discussions strategic, not bogged down by readouts.

47:20 - Board logistics: Meeting frequency, in-person sessions, and practical considerations.

For more information on the podcast, visit bestbutneverfinal.buzzsprout.com and embark on your journey to private equity excellence today.

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