Unlock the secrets of growth equity: understand its unique position between venture capital and buyouts, and master its distinct value creation playbook.
Growth equity has evolved from the “middle child” between venture and buyout into a distinct and increasingly institutionalized part of the private markets ecosystem. Its role in capital formation, the characteristics of the companies it targets, and the ways value is created have sharpened its identity in a post-COVID market.
In this episode, we are joined by Steve McCourt of Meketa and Suzanne Gauron of General Atlantic as they unpack the modern growth equity playbook, how managers compete and differentiate themselves today, and why the strategy’s repositioning matters for investors.
Chartered Alternative Investment Analyst Association
CAIA Association is a global network of forward-thinking investment professionals, redefining the future of capital allocation in a world where traditional and alternative investments are converging at an unprecedented pace. United by a commitment to improving investment outcomes, we lead with authority, educate to inspire, and connect people who turn insight into action. CAIA Association creates dynamic and captivating learning experiences designed to engage investment professionals at every level. Its programs – the CAIA Charter and the CAIA.nxt™ platform – offer critical levels of access to a comprehensive curriculum that equips the investment community with the skills and knowledge needed to build modern portfolios. CAIA Association is a global member-driven community of more than 14,000 professionals, united by a shared commitment to improving investment outcomes and building a more aligned, principled capital market system.
Managing Director of Capital Solutions, General Atlantic
Suzanne Gauron is a Managing Director at General Atlantic and leads capital solutions for growth equity. Before joining General Atlantic in 2025, Suzanne was a Managing Director at Goldman Sachs, where she worked for over 20 years. Most recently, she was the Head of Private Equity Capital Solutions in GS Asset Management.
Managing Principal and Co-CEO, Meketa Investment Group
Stephen works with clients in developing investment policy and strategy, evaluating and selecting investment managers, executing investment policy, and assisting with a wide variety of other investment functions. He serves as the co-CEO of Meketa Investment Group, directing the firm’s business strategy and execution. He joined Meketa in 1994 and recently celebrated 30 years with Meketa. Read more about it here. Other responsibilities at Meketa: Board of Directors, Meketa Fiduciary Management Investment Committee, Opportunity and Access Leadership Committee, Private Markets Policy Committee
