PIK Toggle

No crying in the casino, special situations

[PIK Toggle @piktoggle_]

Have been quiet on here for the past few months after some live deal sprints and a busy recruiting season. Am transitioning from my MM PE seat to a MF Special Situations role and would love to connect with folks over the next month before I start - DMs open.

[PIK Toggle @piktoggle_]

@sourcesandmuses Congrats brotha

[PIK Toggle @piktoggle_]

@SaiMandhan @Jmeloff “Commodities trading” there you go dude. Show me someone in GS IBD leaving for a start-up.

[PIK Toggle @piktoggle_]

@BigJohn043 True, but looks like it’s priced to an attractive equity yield if you think still a going concern in 5 years

[PIK Toggle @piktoggle_]

@WillManidis Powers been hot for a while - GE Vernova 52x ebitda, Siemens 21x, Bloom 21x revenue, can go on and on.

[PIK Toggle @piktoggle_]

@rfkenmore 🤞🏼

[PIK Toggle @piktoggle_]

@paulsaladinomd You could have all of that yet you decide to have a livlihood rooted in maintaining an active online presence, you have succumbed to the same hedonistic cycle that has let to the exploitation of natural resources. How does this not make you a hypocrite?

[PIK Toggle @piktoggle_]

My associate reading the final IC memo for a deal that we have already closed the night before their lateral interview.

[bacon @steve2bacon]

time to learn about what these companies actually do

[PIK Toggle @piktoggle_]

@UnstructuredCap This is what you get when your sector heads are 28 years old

[PIK Toggle @piktoggle_]

@Restructuring__ You have details by the top SMs these days?

[PIK Toggle @piktoggle_]

@NYDoorman Price?

[PIK Toggle @piktoggle_]

@rfkenmore Absolutely nuts that these are $850 now

[PIK Toggle @piktoggle_]

@ZeroDark9000 @UnstructuredCap One went to lead Audax strategic capital

[PIK Toggle @piktoggle_]

@the_judge1111 @HighyieldHarry That’s what the GP is for

[PIK Toggle @piktoggle_]

@junkbondanalyst

[PIK Toggle @piktoggle_]

@Restructuring__ Thoma get absolutely killed on their latest rounds of amendments, this + Imprivata

[PIK Toggle @piktoggle_]

@ACapitalLP Fell for this once

[PIK Toggle @piktoggle_]

@techsaleshackz Plz send info, have someone in mind

[PIK Toggle @piktoggle_]

@wcoastanalyst Would kill for a cru lobster roll rn