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Best But Never Final: Private Equity's Pursuit of Excellence

Rollover Equity and the Power of True Alignment

Best But Never Final: Private Equity's Pursuit of Excellence · 2026-03-17 · 45 min

Episode notes

Doug McCormick, Managing Partner at HCI Equity Partners , and Lloyd Metz, Partner at ICV Partners , join BluWave’s Sean Mooney to explain why rollover equity sits at the center of private equity dealmaking. They break down the mechanics, tax advantages, and alignment dynamics that allow founders to take liquidity while remaining invested in future growth. The discussion also explores signaling, governance rights, and why investors pay close attention to how much an owner chooses to reinvest. If you want to understand why rollover equity drives many of the best outcomes in private equity, hit play.

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