In a recent fireside chat, Hooman Yazhari, Partner at Michelman & Robinson, shared his insights on how business transformation can create value in private equity. Hosted by Giovanni Amodeo, the discussion covered a range of topics, including Yazhari’s extensive background, his roles at Beyond Capital and Mobility Capital, and the future of transportation and energy transition. Key Topics Discussed:

Hooman Yazhari’s Background and Career:

• Yazhari’s 25-year career in transformations, turnarounds, and growth of private equity-backed companies.
• His experience in transportation finance, operations, and logistics.
• Transition from a legal career to roles as a general counsel, president, CEO, and board chair.

Role at Michelman & Robinson:

• Focus on aviation and transportation.
• Contribution to building the firm’s geographic and practice footprint.

Beyond Capital and Mobility Capital:

• Co-founding Beyond Capital Fund, an early-stage venture fund investing in India and East Africa.
• Founding Mobility Capital, focusing on credit and leasing equity for transportation during the energy transition.

Investment Strategies and Market Opportunities:

• Importance of disciplined capital allocation and operational rigor.
• Navigating the energy transition with innovative business models and new asset classes.
• The role of government incentives and regulatory approvals in the transportation sector.

Challenges and Resilience in Business:

• The need for businesses to be resilient and prepared for market volatility.
• Strategies for managing capital and operational challenges during economic downturns.

Future of Transportation and Energy Transition:

• The shift from carbon-based to hydrogen and electric transportation assets.
• The impact of technological advancements and sustainability on the transportation industry.
• The importance of strategic investments and partnerships in driving industry growth.

Investor Perspectives and Market Trends:

• The evolving landscape of private equity and venture capital.
• The significance of long-term planning and resilience in investment strategies.
• The potential for significant returns in the energy transition market.

Key timestamps:

00:09 Introduction to the Fireside Chats
00:44 Hooman’s Professional Background
01:23 Role at Michelman & Robinson
02:52 Diversifying in Private Equity
03:52 Accessing Growth Markets
04:32 Linking Beyond Capital and Mobility
06:32 Challenges in Energy Transition Investments
07:18 Operational Value in Transportation
08:30 Capital Allocation Strategies
09:40 Building Resilience in Investments
10:41 Funding Challenges for Startups
11:20 Market Consolidation in Transportation
13:11 Mitigating External Risks
14:25 Finding Opportunities in Adversity
15:14 Impact of Political Climate on Investments
18:10 Evolving Management Skills for Transition
19:18 The Value of Diverse Experience in Investing
20:50 Identifying Future Winners in the Ecosystem
21:47 Current Market Opportunities and Strategies
23:07 Innovative Ideas in Energy Transition
24:59 Conclusion and Final Thoughts