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      "text": "Discover your “ahas!” The bull's-eye of a well-defined investment sweet spot is the recognition of the winning factors that set a fund's strong performers apart from its great ones.",
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      "text": "Beyond the sweet spot? Because business conditions always change and PE firms evolve over time, an investment sweet spot must be inherently elastic.",
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      "text": "Mind the warning signals. Often dampening the success or undermining the performance of deals that otherwise look so promising is the presence of common factors that nudge them off track.",
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      "text": "Of course, in today's tough, competitive deal-making environment, it will be challenging for any PE firm to live within its sweet spot alone.",
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      "text": "Discover your “ahas!” The bull's-eye of a well-defined investment sweet spot is the recognition of the winning factors that set a fund's strong performers apart from its great ones.",
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      "text": "management teams in place with whom the PE fund had a strong relationship. The best companies were market leaders or had a clear path to become one in their niche and had room to boost sales further.",
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      "text": "PE firms that recognize the total impact that the presence of winning factors has on the returns of deals... none or just one of the factors were present in the five money-losing deals... three factors present in seven deals that returned an average of 2.5 times invested capital, and six of the factors showed up in the four best deals generating a return of four or more times invested capital.",
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