Deal flow this Xmas season
Unlike most of the other questions here, this isn't concerned about PE per-say...but I just wanted to know if PE deals are generally dead during Xmas season.
My theory is that since most fund managers are Americans or Europeans, Xmas season is especially important to them and no one wants to work the last week of December...
Basically, this Xmas season is important to me and I'd like to be able to safely know my holidays will remain that, my holidays...
So, lets do a poll for those of you who works/worked in PE, is Xmas generally off for you? Thanks
Our office is closed for the entire last week of December, as well as Christmas day. Booyah!
~~~~~~~~~~~ CompBanker
Lol, sounds great!
Is yours a smaller North American PE shop? Like funds 500m?
Or a larger one? >.5bn fund sizes generally?
Small (in terms of people) North American PE shop. Billions of AUM.
~~~~~~~~~~~ CompBanker
Same here. Closed the whole week. Partners don't want to work any more than the minions. That said, if you have a deal under LOI that's coming down to a year-end close (sellers w/cap gains rate concerns, etc.), then expect to be working.
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