LP Investing Digest #32
LP Investing Digest #32
Tweets on investing, and anything else helpful to LPs
Last premium post: Minimum Viable Deck (was quite a hit, thank you everyone for the feedback!)
Last free post: LP Investing Digest #31 & Full Article Digest
LP Cohort: 2 spots left, reply to this email if you’re interested. Review 4 separate memos together with me and other LPs to learn how to vet LP investments.
Happy Friday and welcome back 👋
These weekly digests are free, but I also publish one premium post weekly.
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As a reminder, none of the posts/links are a recommendation to transact or invest with the poster.
Reminder to not forget downside risk when it comes to LPs investments - more here (full article from the screenshot below) and here (impact of losing principal)
A thread with some GP ideas (not investment advice obviously)
A reminder of the fact that rents don’t always go up (ask for sensitivity tables!)
Avoiding hype is hard at the time, but in hindsight everything starts to make sense…
Interesting perspective on 20-34 year old population changes
This has a lot of truth in it, for both sides of the marketplace (and a reminder for LPs to understand the incentives of their counterparty)
I don’t usually share videos, but this one caught my eye… reading between the lines, the messages reminded of what I say a lot - if you don’t have time to understand an investment, just don’t invest (holding cash isn’t such a terrible alternative, especially in a 5% treasuries environment)
Have a wonderful weekend!
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 Cohort - review 4 separate memos together with me and other LPs to learn how to vet LP investments.
LP Investing Lessons Podcast - learn from others investing lessons here. if you're an LP with lessons learned from a successful or unsuccessful investment, consider replying to this email to share your knowledge with others. Both the LP and GP in the recording are kept anonymous.
LP Community - join my free 2,200+ member LP 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 reach out to me any time at aleksey@hey.com