LP Investing Digest #6

Tweets on investing, and anything else helpful to LPs

Welcome to the 61 subscribers and 6 new premium subscribers who joined since the last issue!

1. Last premium post: Do sunk costs matter in capital calls?

2. Last free posts: top 15 syndication mistakes and LP Investing Digest #5

3. 📖 LP Course - review 4 separate investments together with me and other LPs to learn how to properly vet LP investments. I have 3 spots remaining in the January cohort.

4. 🎉 December promotion: earn a free month of premium for every friend you refer! Click the button below to share this publication with your friends.

PS we passed 1,500 subscribers last night, exactly 3 months since I started writing on here. Thank you for the continued support! 🔥

---

Happy Friday and welcome to another week of the digest!

These weekly posts are free and I hope you’ll consider sharing them as a way to say thank you.

A great reminder for LPs

If you receive a capital call, treat it as a new investment - ask questions! I wrote on capital calls earlier this week, in case you missed it … more coming.

Verify, then trust…

What makes a great LP? Hear from GPs

Will the capital call $ be enough, or is the GP going to ask for more?

An interesting thread on BREIT

Great post on avoiding Airbnb investment syndication scams

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 investments together with me and other LPs to learn how to properly vet LP investments. I have 3 spots remaining in the January cohort.

  • LP Community - free 1,200+ 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.