Patrick has a passion for entrepreneurship, having started several businesses while in college and having worked for two VC-backed enterprises post-college. As a result, he has developed a unique perspective on business which is a valuable addition to the RLH skill set. As importantly, Patrick also gained deal experience by sourcing 14 acquisitions for one of those VC-backed companies, which is great background for his responsibilities at RLH in the areas of deal sourcing and evaluation. He holds a degree in Global Studies with a minor in Business from USC (the University of South Carolina, in case you were thinking of another USC).
Why a career in PE:
Through his experience working for businesses backed by institutional capital, he realized that private equity offered an even more interesting intellectual challenge than entrepreneurship. Patrick is excited by the opportunity that PE at RLH provides to learn about different markets and enterprises while partnering with motivated and talented business founders.
Nugget of Business Philosophy:
Easy and simple are not the same thing, but often conflated with each other. For example, running a marathon is very simple, but it is certainly not easy. The same can be said of business success – it can be as simple as identifying a problem and creating a superior solution that customers are willing to pay for. But it’s really difficult to execute and requires a lot of time.
Andy Dunn’s book, Burn Rate, which is a compelling memoir at the intersection of entrepreneurship and mental health in which the co-founder of the menswear startup Bonobos opens up about his struggle with bipolar disorder.
Running, cooking, playing piano (Coldplay songs are a favorite), and spending time with his Bernedoodle (that’s a cross between a Bernese Mountain Dog and a Poodle, for those of you not up on your breeds).