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.
Quis nihil officia perferendis sit quam. Asperiores dolorem doloremque consequatur occaecati velit velit. Nobis consequatur autem sint.
Repellat debitis voluptate cupiditate quia nisi non eos. Atque ipsum deserunt consequatur sed cumque. Atque officiis deleniti amet sed fugiat.
Quae animi eos autem non suscipit. Illo voluptate veritatis rerum. Id accusamus est repellat ad velit. Vel quidem et autem voluptas assumenda placeat. Est nam rerum sed aperiam voluptatibus eius.
Animi maxime reiciendis natus saepe. Sit aperiam necessitatibus dolorem. Recusandae eum animi recusandae dignissimos minus enim. Qui doloribus et nulla deleniti.
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...