Jul 2, 2026 · 1 hr 5 min · 11 segments
Before leading value creation at Brightstar Capital Partners, Chris Nicolini served as an Army officer, ran large-scale manufacturing operations, and led transformation efforts at General Electric…
Chris NicoliniGuest
Jordan SelleckHost
What is the difference between the value creation teams and processes at P firms with 17 billion under management, 5 billion under management and below a billion under management.

Well, what's interesting about that is you would think that all the large firms have big teams, all the smaller firms have smaller teams.

However, really the primary difference between them is the value creation teams in smaller funds tend to be focused more on managing or working directly in a limited number of companies for each individual and staying with them progressively during the pre-investment period, as well as all the way through the investment.

On larger firms, they tend to have very strong functional teams who come in and do project work quite often.

But if I was to say a kind of a key differentiator, for the most part, it's along those lines.

What did you bring from the previous firm with a larger overall team? What were some of the lessons that you brought from that experience? that have really worked within this portfolio? And maybe what kind of things did not necessarily apply?

Well, what's interesting is the team here at Brightstar is about the same size as the team was at the last firm.

So I think what I brought to this firm from there is an understanding of what it takes to build those teams within a PE firm, but also how to properly leverage them.

And I think if you don't pay attention to what the, as a generalist, which is what I am, if you don't pay attention to what the functional specialists have to offer, they can get left out of the picture and And you're kind of like leaving resources on the table.

You have to use those resources as well as you can, as comprehensively as you can.

So it's really important to develop relationships with those individuals, even if you're not working with them day in and day out initially.

And the next thing you know, you don't really even have to tell the individual too much about where you need their help.

What is the difference between the value creation teams and processes at P firms with 17 billion under management, 5 billion under management and below a billion under management.

Well, what's interesting about that is you would think that all the large firms have big teams, all the smaller firms have smaller teams.

However, really the primary difference between them is the value creation teams in smaller funds tend to be focused more on managing or working directly in a limited number of companies for each individual and staying with them progressively during the pre-investment period, as well as all the way through the investment.

On larger firms, they tend to have very strong functional teams who come in and do project work quite often.

But if I was to say a kind of a key differentiator, for the most part, it's along those lines.

What did you bring from the previous firm with a larger overall team? What were some of the lessons that you brought from that experience? that have really worked within this portfolio? And maybe what kind of things did not necessarily apply?

Well, what's interesting is the team here at Brightstar is about the same size as the team was at the last firm.

So I think what I brought to this firm from there is an understanding of what it takes to build those teams within a PE firm, but also how to properly leverage them.

And I think if you don't pay attention to what the, as a generalist, which is what I am, if you don't pay attention to what the functional specialists have to offer, they can get left out of the picture and And you're kind of like leaving resources on the table.

You have to use those resources as well as you can, as comprehensively as you can.

So it's really important to develop relationships with those individuals, even if you're not working with them day in and day out initially.

And the next thing you know, you don't really even have to tell the individual too much about where you need their help.
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