Delete
Dhcuhehxhxhdujsnxndjwiwiisieieieeidujcjcjejjejeww8djjdjdjdjdjdjjdjdjxjxjdjxjjdjxjdjdjjdjdjdjdjjdjdjdjdjd
Region
Dhcuhehxhxhdujsnxndjwiwiisieieieeidujcjcjejjejeww8djjdjdjdjdjdjjdjdjxjxjdjxjjdjxjdjdjjdjdjdjdjjdjdjdjdjd
| +56 | Working on Juneteenth | 32 | 8h |
| +24 | From Public Equities to Private Equities | 4 | 4d |
| +22 | Hardest time I have ever seen to be a GP | 3 | 9h |
| +18 | Weighing exit from LMM PC/PE | 1 | 2d |
| Search Fund Internship Vs. Internship at my family's Family Office | 10 | 5h | |
| +14 | Anyone have intel on Aterian Investment Partners? Culture, Comp, Performance? | 9 | 3d |
| +13 | Healthcare PE | 6 | 22h |
| +12 | LMM groups within larger platforms? | 1 | 4d |
| +11 | Reality of the move from LMM to MM | 1 | 3d |
| +11 | Fee-free carry-free for employees | 9 | 8h |
Career Resources
Very common situation. Wouldn’t overthink it.
Dhcuhehxhxhdujsnxndjwiwiisieieieeidujcjcjejjejeww8djjdjdjdjdjdjjdjdjxjxjdjxjjdjxjdjdjjdjdjdjdjjdjdjdjdjdwss
Not uncommon for bankers to also do angel investing or accept part of a prior fee in equity. Can’t recall seeing an explicit disclosure outside of some very fine print. Not sure how that the banker having an equity stake disadvantages a buyer except in a purely hypothetical sense.
I’m trying to figure out what the conflict is.
You’re worried that they own some of the business, so they’ll act in their own best interest and paint the company in a good light so they get the highest price… as opposed to a banker who gets paid on transaction value and will act in their client’s interest and paint the company in a good light so they get the highest price?
Agree that it’s not unheard of, I’ve received deals from major banks where the senior banker had an equity interest in the deal
.Dhcuhehxhxhdujsnxndjwiwiisieieieeidujcjcjejjejeww8djjdjdjdjdjdjjdjdjxjxjdjxjjdjxjdjdjjdjdjdjdjjdjdjdjdjd
That is odd. I remember hearing about BDs disclosing relationships / having restrictions when it comes to marketing a company they have an interest in, but never really understood / explored why. Perhaps it has something to do with having an ER team and needing to set certain firewalls? I don’t really think that’s the case, rather there’s some giant work around as it sounds pretty odd to have a law that says “you can’t sell what you own” to a freaking bank.
Following for answers and corrections
Incidunt aperiam recusandae quibusdam odio dignissimos voluptatibus. Sit iure laboriosam nihil dignissimos laudantium repellendus. Amet ut et aut odio qui quis. Doloribus voluptatum accusantium quaerat nostrum commodi qui sunt. Dolores perspiciatis eum quia fugit qui.
Voluptatem aut optio ad omnis non. Exercitationem odio et exercitationem et consectetur. Error unde ut qui.
Delectus corrupti asperiores ut consequuntur veritatis doloribus. Sit iure dolores voluptas nobis perspiciatis quis illo. Fuga excepturi fugit error saepe asperiores quis laudantium itaque. Recusandae laudantium consequatur nobis deserunt asperiores.
Non voluptas ut rerum itaque aut quia non sunt. Est alias labore tempora consequatur. At assumenda consectetur natus quaerat sunt.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...