Fundraising Part II
Private Equity Funcast
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The Precarious Situation of a Fund That Doesn't Have Money Yet
The first deal closed before the first close could get done. "We were in this precarious position of like, well, none of this money can come from the fund because we don't have a fund yet," Milliken says. The company now has 150 more to raise and is working on 200 deals.
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