
What is a Dividend Recap?
Private Equity Funcast
00:00
How to Pay Off Your Business' Preferences
LPs are not going to weigh in on this stuff unless we, that's what they're paying us for. They still own all that equity. Oftentimes you like give a distribution and they're like, Oh, okay, so now how much do I own of the business? It's like you still own 3% of it. So again, that's in the cases when it works really well, but that's not what people talk about. We've had very good experience and examples of doing this throughout the portfolio.
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