A podcast dedicated to the people and ideas of the Middle Market, hosted by Andy Greenberg and Charlie Gifford.
David Magdol, Main Street Capital
David Magdol is President and Chief Investment Officer at Main Street Capital Corporation, the publicly traded, Houston-based investment firm that has provided equity and/or long-term debt to more than 200 companies. A native New Yorker who moved west early in his career, Dave has seen more front-row action than Spike Lee. Early in his career, he worked with John McMullen, the legendary entrepreneur and Houston Astros owner. David joined Main Street in 2002, a few years after the firm’s founding. He charts the firm’s growth through several defining trends in modern corporate finance – use of the federal SBIC program, emergence of BDCs, and evolution of non-controlling equity investment as an important sub-class. A brisk, informative discussion culminating in this episode’s “Top Three – No Hedging” – top three private equity cliches.

For the past 15 years, I’ve been an investment banker and a publisher of M&A data. This combination has afforded access to a lot of information on deals. But information alone is not insight. The tagline for this podcast is “people and ideas of the middle market.” Each time out, we ask our guests to share a fresh perspective, to reflect on issues beyond what is on their schedule for the day, and to be good sports with two guys who—as my kids say, “think they are funny.” We hope you find these interviews worth your time.

I’ve worked in the Middle Market for more than twenty years. Over that time I have met some extraordinary people, each with a unique story to tell. While we all know that the world doesn’t need another podcast, Andy and I are hopeful that you’ll enjoy listening and learning about each individual profiled. Half business, half human interest, half insightful, half irreverent. Yes, that’s lots of halves to cover. And aiming to do so in around 30 minutes of time. We hope you will give it a listen, and let us know what you think.