How I Left PE and Bought 16 Companies | Kaido Veske Interview

Acquiring Minds · Mar 3, 2026 · 55m

Mike Markus ( ⁠https://x.com/PrivatEquityGuy ) talks with Kaido Veske of Livonia Partners ( https://www.livoniapartners.com/ ) about Kaido’s journey from working at a mid-cap private equity firm in the US to returning to Europe, raising a fund that now manages nearly $200 million, and completing 16 acquisitions to date.

0:00 Why start a fund

2:56 Wharton and early US exposure

3:39 US finance years and coming back to Europe

6:03 Livonia today: focus and deal size

7:06 Minority and majority deals

7:23 Fundraising as a first-time GP

8:25 Early deals: structuring and fund size limits

10:08 Fund 1…