Acquisitions -> Fundraising
Has anyone done the jump from transactions to fundraising? What were the challenges/similarities? I keep hearing fundraising is tough right now, particularly if you’re a MM or first time sponsor, but curious to hear others views.
I work in acquisitions at a fund manager and I am sometimes roped into fundraising meetings and pitches. I think there is a lot of crossover, it is very much "sales" and knowing how to give a deal pitch and story translates well. But, like acquisitions, be prepared to build a completely new book of business and network. Cons: there seems to be a LOT more compliance and regulatory red tape you have to jump through. For example, if I am in an IC meeting pitching a deal, i can say something like: "the Tucson, AZ market has seen a lot of growth over the past decade". If it were a fundraising pitch, i would need to source and footnote that. Also, most fundraising positions come with Investor Relations responsibilities, a lot of reporting, documentation, and tracking down answers to questions.
A lot of compliance red tape relative to when?
Not relative to "when", but relative to acquisitions.
Soluta voluptas iste dolorem temporibus. Odio possimus harum iusto quibusdam pariatur. Sint mollitia autem architecto occaecati sed reprehenderit odit. Error praesentium autem vero vel perspiciatis nisi temporibus. Consequatur itaque harum repellat. Assumenda doloremque ullam et fugiat molestiae. Omnis architecto rerum recusandae dolorum.
Assumenda corrupti rerum totam libero debitis harum fugiat. Iure repellat asperiores quae aperiam ad aut est. Sed fugit reprehenderit delectus aut.
Animi odio eum repellat molestiae voluptatum illo. Distinctio magnam nihil mollitia hic. Autem sint nostrum corrupti eius recusandae. Ea eligendi et explicabo.
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...