LP Investing Digest #29
LP Investing Digest #29
Tweets on investing, and anything else helpful to LPs
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Not everyone wants to be a GP, but I think this was a great summary of what happens to the upside between a GP and an LP (assuming the deal does well!)
Real estate workouts and distress takes years to work through the system
I see a lot of posts from GPs that are similar to the below marketing methodology and think it’s very misleading. Liquidity (being able to sell at any point) is good, with the only “risk” being emotional selling when (in hindsight) it would’ve been better to stay put
An interesting discussion, see comments (not investment advice as always)
An interesting story about what happens when lenders are desperate
A gentle reminder that “number of deals we passed on” is an extremely subjective metric (as well as many other things in the post below) since you have no intel into your counterparty’s pipeline. Assume its marketing (i.e. more or less ignore) unless you ask for details to be convinced the numbers/story make sense
See a lot of similar comments from GPs and I think this is controversial, but also true 99% of the time
Have a wonderful weekend!
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