If your firm doesn’t sponsor leverage for co-invest, how do you get access to additional funds to put in your fund?
I have heard friends taking out LOC with decent interest rates, but I was wondering if their was any banks that will work w PE professionals to provide the best rates and most amount of leverage.
| +51 | How much is enough? | 27 | 1d |
| +26 | How to Secure Higher Carry Award Before Promotion | 5 | 20h |
| +19 | Carried Interest Tax Question | 3 | 3d |
| +18 | I Don't Wanna Go To PE Anymore | 4 | 5d |
| +10 | How to prep for HH calls? | 2 | 15h |
| +9 | Leave MF PE for FP&A Manager at Top Company? | 15 | 12h |
| +9 | H.I.G GP Solutions / Secondaries Team | 1 | 3d |
| +6 | Technical Experience vs Industry Experience | 1 | 6d |
| +6 | PSG Equity - London Office | 1 | 17h |
| +6 | Stepstone PE Modeling Test | 3 | 3h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Hmmm
Bump
Check out SVB
Following as well.
First Republic is very interested as an institution in getting people in finance as clients. They bank a ton of funds: there's an institutional understanding of how bonus-driven the industry is and how carry works as a construct. That's valuable, because you're floor is now talking about what credit limit you can receive, not whether your type of income works as collateral for them.
Edit: The only knock on them is their underwriting conservatism. It's kind of known that they'll be 25% behind whatever LTV you'd get somewhere else.
How levered will First Republic let you get?
Do you have a general sense for their rates and structure (e.g. is it a simple term loan or something more exotic)?
Bump
bump
Bump. Any ideas post FRB collapse?
Corporis iusto in doloremque et quaerat adipisci. Ab saepe neque numquam est dicta. Sed animi ab voluptatum repellat fugiat. Et aut quod deleniti dicta modi qui. Aspernatur quia nisi ducimus in molestiae ratione voluptas molestias.
Est quidem et necessitatibus magnam ipsum voluptatum. Ut et sed mollitia et eum cumque. Sunt repudiandae non non unde est consequuntur officia. Numquam voluptatem aut quia. Porro suscipit quos non hic explicabo autem dolor.
Ut blanditiis rerum ipsa. Aut repudiandae velit dolores vero quos. Ut possimus aut illo velit. Soluta odit eveniet dolore alias est et. Magni iure veritatis quis est qui. Molestias eius praesentium pariatur labore minima veritatis qui.
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...