Bain Capital’s David Gross on global opportunities and private equity’s evolution

In this episode of Goldman Sachs Exchanges Great Investors, Alison Mass interviews David Gross, co-managing partner of Bain Capital, about the global market for private investment. Gross shares his views on the macro landscape, highlighting the US and Japan as particularly well-situated markets, while also noting potential opportunities in Europe. He discusses the globalization of private equity, Bain Capital's early entry into Asia, particularly Japan, and the firm's enthusiasm for India. Gross also explains the role of macroeconomic analysis in Bain Capital's investment decisions and addresses questions about private equity firms managing capital returns. The conversation further explores Bain Capital's consulting origins, its value creation model, and Gross's career path, culminating in his role as co-managing partner. He also shares his perspective on maintaining Bain Capital's unique culture and offers advice to young people entering the financial industry.