Hi Steve. Do GP Led and LP Led secondaries use Private Credit in the form of "Margin Loans" to fund deals or simply release liquidity on single stocks? Thanks
Steve i had a small request commented on your last video to cover on the topic that how a new PE firm will build a strong relationships with investors. Pls make a video on this topic, it's too important for me🙏🙏
Thanks Shounak! I have included links to two of our videos that I think will answer your questions. We have a video titled "5 Tips to Raising a First Time Private Equity Fund" here: bit.ly/3MfvRsr We have a video titled "How to Build Relationships in Private Equity" here: bit.ly/3M8X4Nt Do these answer your questions? If not, what could be helpful?
Very cool. Are Secondaries a thing in VC as well? So far I mainly see it with the HarbourVests, KKRs and Blackstones of this world, i.e. more on the LBO/Growth Equity side.
Steve, thanks for your great content. This comment is unrelated to the topic but I would appreciate your feedback on two things. 1) I'm a finance newbie trying to understand alternatives. What order would you suggest I view your content in, so I get a broad overview and understanding of the asset classes? 2) What does it mean to "invest off a company's balance sheet"? Tyvm!
Isn‘t there a big conflict of interest in a continuation fund? How does it in practice usually work if the GP has to value their portfolio company for a roll-over into their continuation fund?
