Welcome to the 43 subscribers and 5 new premium subscribers who joined since the last issue!
The goal of this post is to provide a digest of all 22 articles we’ve discussed to date. I’ll leave the gratitude notes to the end of this post. 😊
I have dozens of topics on my to-do list for 2024 and I’m very excited. If you have a topic you’d like me to cover, leave a comment.
Wishing you all a 2024 full of much health and happiness (and let’s not forget those great returns 📈)!
2023 article index / year in review
First, here are all of the premium articles (costs $10/month) and you’ll have access to all of these to read at your leisure.
The most popular articles have a 🔥next to them, but they’re all great (I’m biased, can you tell):
🔥Top 15 Syndication Mistakes (FREE)
Three Pillars of LP Investing:
The following are the free weekly digests I send out that have links to anything that’s relevant to an LP:
What an incredible few months, thank you for all of your support. If you’d like to share this index with someone, click the button below.
If you have any topic suggestions, I am leaving the comments open to all subscribers - please let me know what would be most helpful in 2024!
Thank you!
I started this Substack on Aug 29th, and wrote my first article the following day.
Since then, you helped me get to 1,939 subscribers across 49 US states and 49 (!!) countries. Thank you for your support, it truly means so much.
Thank you for reading! I genuinely hope you found this helpful - the best way to say thank you is to spread the word.
I advise LPs on existing and potential positions and write articles here weekly on what I see in the marketplace that could help you invest better. You can find me on LinkedIn or Twitter.
Whether you’re an LP, want to learn to become one,or affiliated with LPs (GPs, Attorneys, CPAs, Wealth Advisors) I hope you’ll consider subscribing and sharing this post to help others make more informed investment decisions.
When you’re ready, I could help you in 3 ways - simply reply to this email if one is of interest:
Limited Partners:
Potential positions - you’re considering investing and need an independent opinion
Existing positions - there’s a lack of communication, you’re concerned about fraud, or perhaps you got a capital call request and you’re not sure how to proceed. I have also helped LPs with a “post-mortem” analysis on deals that didn’t work out - it’s important to learn these lessons as opposed to just blaming the GP.
LP Course - review 4 separate memos together with me and other LPs to learn how to find good LP investments. The January cohort is now full, but the February cohort still has 4 spots available.
LP Community - free 1,400+ member LP Investor community on Twitter
Find GPs in unique asset classes/geographies on my monthly intro post (see LinkedIn’s post as well for more)
General Partners:
Deck review - I’ll look over your marketing materials from the perspective of an LP and provide slide by slide commentary to improve your pitch
Investment review - I’ll provide independent feedback on an opportunity you’re pursuing
Capital call advisory - you suspect that you’ll need to make a capital call, but aren’t sure how to proceed or communicate the message.
Other - anything from waterfall/fee advisory to disagreements between co-GPs on the proper path given a set of circumstances
General Consulting: modeling, strategic advisory, underwriting training, etc.
If you’d like to speak on the phone, you can set up an initial consultation.
Hi Aleksey, I really love what you're doing here, I found you through your LinkedIn profile. Forgive me if I missed this one, but do you have an article with your thoughts about what major developments we can expect to see with syndications in 2024? Last year was crazy, do you think things will mellow out if the Fed follows through rate pauses/decreases?
Alot of LPs getting burned this past year with capital calls and loss of capital. Does complaining to the SEC about some of the shennigans yield any results? If at a minimum, I would like these complaints to follow these people forever in a public searchable database.