Crescent Way Capital Partners is a team of experienced entrepreneurs, operators, and investors. We seek to acquire and grow a single privately-held business.
Interesting article on 'permanent equity funds' (PEF's) in acquiring SMB's.
My takeaways:
-PEF growth will mirror the recent growth in ETA.
-PEF's flexibility in deal structure is a competitive advantage.
-Capital allocation in PEF's portfolio is key.
https://t.co/NBP5oSc4KM
. @ChadLivengood: "If done right, Michigan Avenue from Detroit to Ann Arbor could become the country's first truly connected corridor. ..." https://t.co/JAyaR1fvZ8
Investor: "You can't structure a PE fund like that. That's not how things work."
Me: "Well, we did."
I: "That'll never work."
Me: "Probably"
By the way some talk, you'd guess 2-20 was on Moses's tablets. The PE industry/structure started in the mid-1960s (KKR/Orkin deal).
The convictions and gifts of thoughtful leaders and philanthropists provide the underpinnings for the Samuel Zell & Robert H. Lurie Institute for Entrepreneurial Studies at @MichiganRoss at @UMich. https://t.co/v5X4eM23s9 #GoBlue