
Fundraising Part II
Private Equity Funcast
00:00
How to Rebalance Your Portfolio After Every Close
When you're at an 80 million dollar fund and you have 14 million invested, everybody's got their pro-rata share based on it. So yeah, rebalancing that was hard. When we got to 220 asked the LPAC to let this, should we let one more in? And we agreed to that. We had to then go out to all of our LPs and say, there was a 50, it was a threshold.50% of the dollars had to approve our ability to go do this. Some people never got around to voting. I think they just waited for us to send emails. Oh, we were good. We crossed the threshold and they didn't have
Transcript
Play full episode