16 Comments
 

Curious as well. Was surprised to see the announcement after closing a $15BN fund. 

Does anyone have any info on the firm in general? Heard it's a sweatshop, but not much else. 

 

God I can't fucking wait bro, I Squared dudes start their own infra firm, LatAm has been fucking flaming lately with renewables deal, i'm talking major money flowing in, it just makes perfect sense for them to dip, very excited to see how this unfolds

 

At that seniority, it has to be money, disrespect, or a combination of both. I'm sure he'll have his pick of infra firms to choose from, especially given how crap the fundraising environment is now. Their IR team has always been nearly nonexistent since inception and has largely consisted of killing Evercore's PFG team every time they need to raise a new fund. Rough for all parties here. 

 

Just lost a co-founder too. Wild stuff — wonder if there’s more to come

 
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They have a terrible culture and the top people were too greedy to share meaningful carry with anyone down the chain. One of their senior guys also left to go start his own fund. They have been having an exodus for over a year, supposedly trued up on compensation after the first wave of people left, but it's just not a pleasant place to work.

 

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