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.
| +143 | Future of PE | 32 | 7h |
| +34 | Best industry/job for entrepreneurship? | 9 | 5h |
| +20 | How to Get on Career Track / Stay Post ASO years | 6 | 4d |
| +18 | What are you actually using AI for in PE? | 3 | 7h |
| +18 | Burn Out in PE - What Comes Next? | 3 | 16h |
| +15 | KKR comp for Principal | 20 | 3d |
| +12 | MBA and Private Equity | 6 | 1d |
| +11 | Buyside in London with nice WLB and pay | 2 | 20h |
| +10 | Undergrad summer PE analyst positions | 3 | 1d |
| +9 | 2028 Oncycle PE | 11 | 18h |
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?
Minus est excepturi autem commodi est reprehenderit. Qui sed et voluptates eligendi fugiat maiores. Laboriosam eligendi eveniet sunt mollitia ducimus. Quis iusto officia eos accusamus voluptatem est consequuntur. Sed cum voluptates explicabo incidunt voluptatem.
Natus neque minus excepturi veritatis. Nisi veniam velit iusto tempora.
Itaque aut totam possimus iusto eius amet. Assumenda aliquid voluptatibus reiciendis recusandae occaecati iure. Est amet ut dolorum sapiente. Earum nisi praesentium consectetur dolore error ab rerum. Saepe quod sunt vel ea enim et nihil ut.
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...