Like most AM M&A, there isn’t a hard and fast rule and it depends on the situation. There are instances where a fund is getting bought because they are struggling and the buyer wants to take on the assets. There are examples of two similar platforms coming together to scale or examples of larger platforms acquiring smaller groups and running them separately.
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Veritatis error nulla saepe vero harum expedita. Minus sint iste enim et.
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They get thrown into a pit with a bank LP and whoever funds the new issue at the lowest spread with fewest covenants gets to keep their job.
They get thrown into a pit with a bank LP and whoever funds the new issue at the lowest spread with fewest covenants gets to keep their job.
Like most AM M&A, there isn’t a hard and fast rule and it depends on the situation. There are instances where a fund is getting bought because they are struggling and the buyer wants to take on the assets. There are examples of two similar platforms coming together to scale or examples of larger platforms acquiring smaller groups and running them separately.
Et assumenda dolor ut excepturi. Et rerum rerum vel soluta illo.
Veritatis error nulla saepe vero harum expedita. Minus sint iste enim et.
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