{
  "docId": "019dd923-5ca1-7489-b635-efee526b2162",
  "docSlug": "6ebe7bc3c470921e",
  "documentTitle": "Global Private Equity Report 2015",
  "authorId": "Bain",
  "authorName": "Bain",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "strategy_consulting",
  "sourceTypeLabel": "Strategy consulting",
  "presentationDate": null,
  "orientation": "portrait",
  "aspectRatio": 0.773,
  "pageNumber": 52,
  "pageCount": 68,
  "prevPage": 51,
  "nextPage": 53,
  "slideType": "key_messages",
  "function": "summarize",
  "density": "balanced",
  "nDataPoints": 1,
  "notes": "Page 46 of the Global Private Equity Report 2015 by Bain & Company.",
  "elementsJson": [
    "paragraph",
    "callout_box"
  ],
  "metadataConfidence": 0.95,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5ca1-7489-b635-efee526b2162/52",
  "deckHref": "/decks/019dd923-5ca1-7489-b635-efee526b2162",
  "deckJsonHref": "/decks/019dd923-5ca1-7489-b635-efee526b2162.json",
  "deckAnchorHref": "/decks/019dd923-5ca1-7489-b635-efee526b2162#slide-52",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "Successful PE-fund investors will sharpen their sector focus and deepen their geographic and industry expertise as they target resilient investments in selective pockets with upside opportunity.",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd951-b48c-7655-b300-3d95b7afb0ad",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.488,
        "w": 0.764,
        "x": 0.118,
        "y": 0.125
      },
      "kind": "paragraph",
      "text": "Successful PE-fund investors will sharpen their sector focus and deepen their geographic and industry expertise as they target resilient investments in selective pockets with upside opportunity...",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3caafc9d-f2bc-4272-a0a7-5a45b0918521",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.256,
        "w": 0.764,
        "x": 0.118,
        "y": 0.675
      },
      "kind": "paragraph",
      "text": "In sharp contrast to the boilerplate disclaimer that every stock market investment fund is required to make, the notion that past performance is a reliable indicator of future returns has been a proud hallmark of PE investing...",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "feff1293-3fa6-425e-8b67-7fc9fd9d6bbf",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.012,
        "w": 0.388,
        "x": 0.306,
        "y": 0.058
      },
      "kind": "title",
      "text": "Global Private Equity Report 2015 | Bain & Company, Inc.",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "59f8d9e5-da38-4469-a913-86400eaaa230",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.018,
        "w": 0.333,
        "x": 0.118,
        "y": 0.643
      },
      "kind": "title",
      "text": "It's getting harder to spot the winners",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "bc410584-4858-4aad-b514-006007f087d0",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Governing Thought",
      "slug": "governing-thought",
      "agent": "Architect",
      "layer": "block",
      "matchId": "019dd95a-173e-703c-8768-5e63e81ac3fe",
      "evidence": "Governing idea introduced for the next loop",
      "confidence": 70
    },
    {
      "name": "Audience Definition",
      "slug": "audience-definition",
      "agent": "Storyteller",
      "layer": "slide",
      "matchId": "f97527cf-d8ec-4302-a5d8-2eae198f32cf",
      "evidence": "Successful PE-fund investors will sharpen their sector focus and deepen their geographic and industry expertise as they target resilient investments in selective pockets with upside opportunity.",
      "confidence": 0.7
    },
    {
      "name": "Core Message Extraction",
      "slug": "core-message-extraction",
      "agent": "Architect",
      "layer": "slide",
      "matchId": "019dd95a-173e-703c-8768-5bb45feac319",
      "evidence": "Crystallizes section thesis: 'It is getting harder to spot the winners'",
      "confidence": 80
    },
    {
      "name": "Storytelling: audience calibration",
      "slug": "audience",
      "agent": "storyteller",
      "layer": "slide",
      "matchId": "376a7182-3fe7-4e72-aaea-78197d814200",
      "evidence": "In sharp contrast to the boilerplate disclaimer that every stock market investment fund is required to make, the notion that past performance is a reliable indicator of future returns has been a prou",
      "confidence": 0.7
    }
  ],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 58,
      "from": 52,
      "beatId": "019dd95a-07a4-702a-b0b2-910214af8673",
      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Evidence & Proof",
      "beatSlug": "consultants-gambit-evidence-proof",
      "evidence": "Performance compression data: vintages, quartile gaps, persistence slipping",
      "position": 4,
      "confidence": 82,
      "parentBeatName": "Evidence",
      "parentBeatSlug": "evidence"
    },
    {
      "to": 58,
      "from": 29,
      "beatId": "019dd95a-07a5-761b-9143-8438c4caf57f",
      "arcName": "The Triple Take",
      "arcSlug": "triple-take",
      "beatName": "The Implications (So What)",
      "beatSlug": "triple-take-the-implications-so-what",
      "evidence": "Section 2: dynamics that will shape PE in 2015+",
      "position": 2,
      "confidence": 70,
      "parentBeatName": "Reflection",
      "parentBeatSlug": "reflection"
    }
  ],
  "loops": [
    {
      "to": 57,
      "from": 52,
      "name": "So What Cascade",
      "slug": "41-so-what-cascade",
      "bestFor": "Data presentations, executive summaries, driving to recommendations",
      "matchId": "019dd95a-088c-724c-b312-49466c52b2cc",
      "evidence": "Compressed returns -> narrower band -> persistence slipping -> GPs' mandate to differentiate.",
      "position": 9,
      "objective": "Drive return-compression data to a so-what about GP differentiation",
      "structure": "The Data -> So What? (Insight 1) -> So What? (Insight 2) -> So What? (The Action)",
      "confidence": 80,
      "description": "Chain insights together, each answering 'so what?' until you reach the actionable conclusion"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}