My experience bridges three worlds: investment banking, private equity, and startup life.
Here's my story, in a nutshell:
I graduated from the University of Texas at Austin's Plan II and Business Honors programs and was hired directly out of. I worked in the firm's Special Situations Group, analyzing private equity and debt opportunities. I closed 11 private equity and debt transactions across a wide range of industries, which accounted for over $600 million of investments. On a day-to-day basis, I managed ~$300 million of assets directly.
Since leaving the firm, I founded Nextvest, which offers sophisticated HNW members direct investment access into private equity deals. Nextvest partners closely with a growing number of highly-trained ex-PE professionals who source and negotiate deals as independent sponsors in the lower middle-market (generally, $5-25mm equity check). We run each deal on our platform independently, so our investors have the freedom to choose participation and allocation in each deal. We pool checks together to get our investors the same terms as the big players. Our greatest asset is our advisory team, which includes a former, a founder of the largest PE firm in Asia, partners at the largest US PE funds, and other impressive gray hair.
I'm a long-time member of WSO, and I'm grateful to those who have shared their perspectives with me along the way. This is my first AMA, in hopes of paying it forward. Ask away!
[EDIT 3/28 @ 1:45p] FYI, I'll be fairly responsive on this thread throughout the week. No promises after that.
[EDIT 4/5 @ 4:54p] I'm a couple days behind replying but expect to catch up in the next day or so. Thanks for the incredible response - I'm planning to keep my responses going through 4/10 as of now.
[EDIT 5/2 @ 7:56p] Still occasionally will take a look at this. Feel free to add more comments - timing will be sporadic.