Operator Looking to Enter PE/SPAC SpaceSubscribe
Greetings - I run a consultancy in the legal cannabis & hemp space, and candidly desperately want to work with PE funds, SPACs, really funds of any type on a serious level.
I started ~8 years ago solely focused on operations, and gradually started getting more engagements working with private investors, pubcos, and funds to vet deals, source targets, assist portfolio companies, etc. While there's quite a few smart people working at these firms, it's frankly shocking to see the lack of due diligence and care given to investor capital by many people who actually make large decisions at these firms (suppose it's a symptom of a nascent industry?). And I'm sure you all know about how inane the Canadian RTO process is.
This has driven me to devour anything I can about the actual fundamentals of PE, VC, etc, to be prepared to enter this space. It's interesting to get gigs, but frankly I'm doing the majority of the work that's going to make these funds successful and want to get a larger piece of the pie. I understand the insane hours required, but it makes sense given that a large amount of capital has been entrusted to you.
If it's possible at all, how would one recommend finding funds, SPACs (pre-announcement obviously), etc, that I could work with on the ground floor and have a consistent role with? I'd assume that it's completely impractical to bootstrap a fund, but at least until 2-3 years post federal legalization I know there still will be a deficit of competent, qualified professionals who can bridge the gap between operator and fund manager.
Obviously tell me if this post is completely delusional. Thank you!