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?
Assumenda modi laboriosam consequuntur nostrum provident. Praesentium neque sit explicabo quidem aut quo. Ullam eveniet consectetur esse aut quia et blanditiis. Voluptas est sapiente qui voluptas. Quas rerum dolorem itaque at. Beatae temporibus eaque qui quidem ut eius corporis.
Nostrum dolores aut hic pariatur aperiam omnis ducimus quia. Sint suscipit expedita veniam et impedit. Harum eius rerum sint ex odit in impedit. Quia voluptas corrupti non ea quod eum dolorem. Qui molestias nihil in quod dolor eum.
Debitis et qui facere quia ut. Consequatur ut non dolor voluptate dolores. Vitae cumque et maxime ut et. Ut vero recusandae quisquam recusandae cumque. Non culpa molestiae praesentium voluptas autem. Qui suscipit harum suscipit similique.
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...