Patrick William didn't take the safe route. In this episode, the former tech/media M&A banker turned private credit fund founder reveals how he bootstrapped Rixon Capital from a $3M cold-call raise into an internationally respected firm—all without institutional backing. From burning the boats to turning down Plan B, Patrick shares the psychology, risks, and raw reality behind building a fund from scratch.
Key Discussion Points:
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Why starting a fund is like flying a plane with only one engine
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The real reason raising capital is harder than most people think
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Management fees, performance fees, and how fund managers actually make money
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What investors really want (and why they’re happy to pay for boring returns)
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Why most high-paying careers hold people back from entrepreneurship
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The “burn the boats” mindset and why it separates real founders from dabblers
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Capital trends in Southeast Asia—and what excites him most about the region
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Why patience is the secret weapon behind long-term returns
Takeaways:
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Great ideas aren’t enough—storytelling and persistence close deals
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Investors aren’t just buying returns—they’re outsourcing stress
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“Mindless self-belief” is a founder’s most underappreciated asset
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Sometimes, the only way to win is to make sure there's no way out
Closing Thoughts:
Patrick William isn’t just building a fund—he’s redefining what smart, disciplined capital looks like in a noisy world. His story is a masterclass in conviction, patience, and making boring look brilliant.
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