Welcome back to the Project Alchemy Podcast. Our Guest today is Patrick Khayat. He is a Partner at Durational Capital Management. Prior to co-founding DCM, he was a Vice President at The Carlyle Group , a long / short equity Tiger seed hedge fund. Previous to The Carlyle Group, he was a private equity investor at Apax Partners focused on evaluating investments in the consumer sector. Join us as we discuss what private equity is, how to survive as a small fish in a big market, and general life lessons.