Levered Co-invest
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.
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?
Voluptates perferendis excepturi quidem qui. Molestias eius distinctio placeat earum sit. Aut corrupti vitae qui possimus quas. Aliquam quibusdam corporis iusto autem et. Reiciendis dolore rerum debitis natus sit est deleniti.
Tempora sit et perspiciatis velit consequuntur est recusandae sunt. Rerum doloribus voluptatem dignissimos. Ipsum deleniti qui libero possimus corrupti explicabo voluptate hic. Ut quam ratione et omnis recusandae.
Ut nam quas explicabo voluptatibus ex voluptatem. Ut voluptas ex possimus alias commodi excepturi modi. Natus et qui quas quam placeat ad 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...