Episode 22

full
Published on:

12th Mar 2026

Gold Medal Sourcing: 5x Olympic Gold Medalist Ryan Murphy's Journey into Deal Sourcing

Ryan Murphy has spent his career performing at the highest level. A nine-time Olympic medalist, five-time gold medalist, former U.S. team captain, and world-record holder, Ryan is now taking on a very different challenge: learning the craft of deal sourcing at Norwest Venture Partners.

In this episode, Ryan joins Matt and Dan to discuss his path from elite swimming into investing, what it feels like to become a beginner again after reaching the top of another field, and how he is approaching the learning curve in venture. He shares how Olympic preparation was structured, the role data and repetition played in his training, and the parallels he is beginning to see between high-performance sports and sourcing.

The conversation also covers the patterns Ryan is seeing in the market, how owning and operating a swim-school franchise has shaped his perspective as an investor, and what he has learned about evaluating founders and businesses from the operator’s seat. Ryan also discusses balancing work, training, and family, the possibility of competing at the 2028 Los Angeles Olympics, and his advice for anyone considering a major career transition.

Deal Sourcery is brought to you by Coastal Partners, the only executive search firm focused exclusively on private equity business development.

We help private equity firms build world-class business development teams—and publish the industry's leading research on PE business development compensation, hiring trends, and market intelligence.

Whether you're making your next hire or simply want to stay ahead of the market, visit coastalpartners.co.

Show artwork for Deal Sourcery

About the Podcast

Deal Sourcery
Engagement & The Art of M&A
Deal Sourcery is the must-listen podcast for Private Equity professionals aiming to master the art of deal origination. Hosted by Dan Herr - who’s closed over $1B in transactions in the last decade while building and leading world-class deal sourcing teams - and Matt Rooney, a top recruiter in PE business development, we dive into cutting-edge trends, proven tactics, data-driven sourcing strategies and the technology shaping the future of M&A. Each episode features in-depth discussions with exited founders, PE professions and investment bankers, delivering exclusive, actionable insights you won’t find anywhere else. Tune in to elevate your sourcing skills and optimize your firm’s capital deployment.

About your hosts

Matt Rooney

Profile picture for Matt Rooney
Matt is the Founder of Coastal Partners, a specialized recruiting firm focused on placing deal-sourcing and investor relations professionals in mid-market private equity. With over a decade of experience, he has placed hundreds of professionals and advises firms on building BD teams.

He regularly shares insights on private equity business development, breaking down role dynamics and hiring strategies for firms and professionals navigating the space.