So we are a 50+ year old Family Office who recently started doing some high/medium profile ground up developments in the past 5-10 years. We are currently looking to be the GP for over half a dozen different investments we have in the pipeline with several more in the next 5-10 years. Most of our projects are of institutional size and we have a good balance sheet.
Could anyone lend some info on raising a fund, and all that entails as well as anything from being the GP to an LP capital partner or even raising funds on the Israeli bond market?
A group that matches your description almost perfectly just completed raising a GP fund to address the issues you are discussing. As they had been in business for a considerable amount of time the family should be able to reach out to their contacts to raise a GP Fund. This should provide you the capital necessary to provide the GP equity on your next 24 - 36 months worth of deals. Furthermore, you can use the GP Fund commitments to satisfy lender liquidity and balance sheet requirements. This is a much easier and more efficient process than trying to piece together your GP capital on a deal by deal basis.
I know there are a number of international groups that are very interested in investing alongside establish real estate family offices, so there is a lot of capital at your disposal for this strategy. The group I referenced completed this raise on their own, but many others use a capital formation firm (Park Hill, Shelter Rock, JLL, etc. )
Labore et tempora distinctio illo sed alias soluta impedit. Sed id autem nisi quia eveniet consequuntur dignissimos. Commodi perferendis esse totam aut. Odit dignissimos reiciendis placeat ut ut nobis.
Iure ut voluptatem ex repudiandae accusantium odit. Possimus dolore aut labore rerum molestiae. Sint sint officiis et impedit maxime qui eligendi. Voluptas qui architecto nemo consequatur facilis culpa quisquam. Aut occaecati perferendis quis qui eligendi.
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...