How I Left PE and Bought 16 Companies | Kaido Veske Interview

Name: How I Left PE and Bought 16 Companies | Kaido Veske Interview
Uploaded: 2026-03-03T00:00:00.000Z
Description: Mike Markus ( ) talks with Kaido Veske of Livonia Partners ( ) about Kaido’s journey from working at a mid-cap private equity firm in the US to returning to Europe, raising a fu

Mike Markus ( ⁠https://x.com/PrivatEquityGuy ) talks with Kaido Veske of Livonia Partners ( https://www.livoniapartners.com/ ) about Kaido’s journey from working at a mid-cap private equity firm in the US to returning to Europe, raising a fund that now manages nearly $200 million, and completing 16 acquisitions to date. 0:00 Why start a fund 2:56 Wharton and early US exposure 3:39 US finance years and coming back to Europe 6:03 Livonia today: focus and deal size 7:06 Minority and majority deals 7:23 Fundraising as a first-time GP 8:25 Early deals: structuring and fund size limits 10:08 Fund 1 vs Fund 2 evolution 13:38 Sourcing engine and “kill list” 16:00 Small market, big opportunity 20:32 Post-acquisition playbook and cadence 25:55 Thermory case: build, buy, exit 35:43 Mistakes: leverage and market calls 38:28 Fund size ceiling in the Baltics 46:54 Team lessons and alignment Sponsors: https://capitalpad.com/ - A deal-by-deal private equity investing platform https://www.spacebarstudios.co/inquire This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.

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