Which PE funds are actually great investors

Was watching Orlando Bravo's interview with Harry Stebbings on 20VC - illuminating to see TB's value investing philosophy as well as operational playbook, tho not close to people in the fund nor the returns of its vintages to see how they carried through in practice

What makes a PE investor or firm great? Is any of the UMM/MF truly meaningfully differentiated? Who in the PE game have investment philosophy and processes that are repeatedly conducive to some alpha irrespective of erosion from scale? Question more around investing itself, less on structuring expertise.

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