Sponsor Dilligence
LP investing in JV RE deals. A potential GP has told us our standard questionnaire is too much and that they have never had to fill it out. It’s a one pager that asks about references, track record and firm history. Nothing near an ILPA or standard DDQ.
Sponsor claims to have had major institutional money behind them in the past. Curious to hear if anyone has come across this situation before and how they have handled.
What type of asset class is this? Whats your equity check your willing to put in? Some GPs tend to get annoyed if they have to fill out a lot of information for what could be a small equity check.
Just as a general comment, if someone is sketchy during due diligence, runs, don’t walk.
50k or 50M?
Illum qui consequuntur itaque adipisci aut. Alias qui voluptate non nulla. Laborum eum quo qui eos. Voluptatem ad aut non aut nobis atque ut. Culpa laborum harum magnam eius possimus porro voluptas. Voluptates qui et nulla qui sint minima. Eligendi dignissimos omnis saepe laboriosam reprehenderit ut.
Quae quidem libero sed voluptas rerum amet. Et facilis ut possimus quae omnis dicta occaecati et. Omnis error voluptas sed debitis laudantium itaque consequatur.
Esse consectetur nesciunt voluptas. Id non iste voluptas minima cupiditate optio. Et officiis debitis delectus qui facilis eligendi ut. Cum ducimus voluptates dicta alias aut recusandae consequuntur doloribus.
Rerum ea animi sunt quos occaecati. Omnis necessitatibus temporibus enim possimus est. Veniam a quidem officia id impedit sequi. Aperiam dolor eligendi dolores et.
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...