Private Credit Deal Toy
At a first time private credit fund and we just closed a pretty big deal that I sourced. Pretty awesome transaction and outcome, so I was wondering if a deal toy would be appropriate here to celebrate. For those in PC / sponsor backed direct lending, how often does your team do tombstones after big transactions?
Bump
Never.
Never.
Only if the sponsor wants to
Never, it's a banker's cliche. An investment is not a deal, you don't celebrate until you realise the return. If you simply deployed, it's only the beginning.I got some nice bottles from sponsors in large deals though.
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