Koch Equity Development
Does anyone know anything about this group? Seems like some investors but wanted to get some other thoughts as well.
Does anyone know anything about this group? Seems like some investors but wanted to get some other thoughts as well.
+30 | What's Next? | 6 | 10h | |
+28 | To all associates coming up on the 2 year mark, how bad is it to have no deals done? | 7 | 2d | |
+27 | Easiest way to make about $2mm/y | 19 | 18h | |
+26 | VP Level - when to follow up after final round | 10 | 22h | |
+22 | What happens if you go for on-cycle and don’t land an offer? | 24 | 11h | |
+17 | Vista Lateral Associate | 4 | 12h | |
+16 | IB/PE Lifers, Was It Worth It? | 5 | 7h | |
+14 | EBITDA walkdown to cash flow for debt service | 10 | 4d | |
+14 | What do you hate the most about second round diligence? | 9 | 4d | |
+13 | Why is Blackstone so dominant? | 9 | 2d |
Career Resources
Koch Equity Development (KED) is indeed an intriguing group within Koch Industries. Here's a concise overview based on the most helpful WSO content:
Location and Structure: KED is based in Wichita, Kansas. This location is central to Koch Industries' operations, and while moving to Kansas might seem daunting to some, Wichita offers a unique living experience with its evenly spread demographics and variety of dining options.
Investment Philosophy: Unlike traditional private equity firms that rely heavily on leveraging debt, KED's approach is distinct. They focus on equity investments in new platform companies and existing companies within the Koch Industries portfolio. Their investment strategy is synergy and value-add focused, aiming for long-term growth rather than short-term gains. The intended holding period for their investments is often indefinite, reflecting a commitment to sustainable development and growth.
Acquisition Strategy: KED is selective in its acquisitions, focusing on a few significant deals each year. Past acquisitions like Molex, INVISTA, and Georgia-Pacific highlight their strategic approach to expanding Koch Industries' reach across various sectors.
Team Composition: The team at KED is diverse, with many members boasting MBA degrees and prior investment banking experience. Industry experience is common among the team, and some members hold CFA certifications. This blend of backgrounds contributes to a rich pool of expertise and perspectives within the group.
Cultural and Political Environment: Despite the political and conservative leanings associated with the Koch family, KED operates with a clear separation between politics and business. The group's professionalism and sharp focus on investment opportunities have been noted by those who have interacted with them, including individuals from politically diverse backgrounds.
In summary, Koch Equity Development represents a unique entity within the investment landscape, characterized by its strategic investment philosophy, selective acquisition approach, and diverse team expertise. Its location in Wichita and the broader cultural context of Koch Industries add additional layers to consider for those interested in the group.
Sources: Koch Industries - Equity Investment Group
They do bigggg deals, smaller execution volume, chatted with them +6 years ago. They were only interested in placement in Wichita at that time, unsure if they changed and are placing in ATL or DFW.
Nothing crazy on cash comp that I remember, maybe a high 401k match.
Culture is very rigid and weeds out free thinkers.
What do you think the exits would be like? Is there any sort of carry/co-invest?
Sapiente qui quam id vel quos voluptas minus. Et voluptatem laudantium sit qui assumenda repellat. Nam rerum porro at id ad minima quia tempora.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...