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This looks pretty interesting. It may raise closing costs and having a friendly bank would be beneficial but this can definitely help many GPs (if you want/need a lot of LPs)
5 replies
Honestly, they have been doing that for years, not sure what is the news other then telling people.
I didn't know they were doing that. Maybe others didn't either. I guess maybe that's why they decided to announce it. :grinning:
NOTE: You don't want a lot of LPs. The ideal number is between 25 and 50, ideally 35 LPs.
I agree 100% but for some people, their initial networks may not be conducive to closing large checks, hence, their choice may be between lots of smaller checks or not raising a fund. This provides an alternative if someone needs one.
Saturday, May 21, 2022

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