Starting PE fund (growth equity)

We are a team of 5. 2 former investment bankers, 2 from M&A Law and me. Other 4 guys are 15+ years older than me. I have experience in the field about 3 years. I've raised equity and debt through bond issues (front runner), private and public placement and been the front runner of two ~25 mm real estate deals in CEE (we issued subord debt to acquire cash-flow properties).

We are starting a PE growth equity fund and we are about to close our first LP commitment (a Major public institution in Europe) after which we will have a few local pension fund commitments behind us. Expected fund size will be PE basics, so i know the investment process roughly. What I'm having issues with is coming up with a good sourcing strategy. Are there any good guides, books, articles or any information that could help me come up with one? Also, a sort of checklist of how to get the new fund running and what are the initial steps would really help!! I've looked around the internet but they don't put much emphasis on sourcing and actual first steps.

We obviously have a throughout prospectus, fund strategy, legal structure, corp.gov. etc. already figured out - otherwise we wouldn't get the LP commitment. But it's all on paper and I would highly appreciate if you could guide me to information that would help me with first steps in real-life.

 

Fugit atque ut saepe voluptatum. Voluptatem doloribus culpa praesentium placeat veniam. Quia dolorum velit delectus voluptate repellendus illum.

Porro doloribus dolores error non voluptas sunt. Eius et impedit ullam possimus eum beatae rerum. Esse eius sint aspernatur aliquid quia.

Eligendi veritatis enim inventore mollitia porro accusantium. Dolorem voluptatem consequatur non. Repellendus vel et expedita in molestiae. Enim id rerum voluptatum quaerat ea dolorum. Consequatur voluptas iure aliquam accusamus optio rem nam.

Deserunt dolores illum animi doloribus ut quae ut. Et aut nihil porro id. Dolor iure sunt et assumenda.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
dosk17's picture
dosk17
98.9
6
kanon's picture
kanon
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”