Whitehorse Liquidity Partners Culture

Been hearing that analysts through principals are dropping like flies at this firm north of the border. Looks like a few of the partners were canned over the years for exhibiting toxic behavior. Taking a look at their returns it is also no wonder that everyone is miserable, cause you can't be earning carry on like a 1% IRR returning 2017 vintage...brutual.

The real question is, how did all these big institutions give them money? Guess they fell for some weird used car salesman approach where the GP claimed they were a private credit strategy...newsflash: they just buy LP stakes on the secondary market like everyone else.

20 Comments
 

Heard it is extremely toxic - types of behavior you wouldn’t believe still exist at shops in the 21st century. Comp also nothing special - don’t see the appeal.

 

To be fair, for Canada the comp is actually considered really good. But I heard there was some stuff happening that was beyond the usual BS and that a partner got axed for being involved.

 

CAPM are the worst, especially Ellen. They're known to go to great lengths, even resorting to blatant, to secure their freaking commission.

 

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