January 16, 2019

Private Equity, Hedge Funds, & Investment Vehicles in the U.S. Executive Summary

The Private Equity, Hedge Funds and Investment Vehicles industry consists of funds that raise capital to be strategically managed by an investment manager who exploits […]
February 1, 2018

Private equity interest in mid-market businesses continues to grow

When you decide it’s time to sell your business, or if you want to raise capital, one of the most important buyer groups you should […]
January 10, 2018

Congressional Tax Bill and Its Impact on Private Equity Investing

This is not tax or accounting advice and is meant for informational purposes only.  On the 13th December 2017, the Republican-controlled House gave its final […]
November 2, 2017

Fintech Platforms Naturally Expand Into a Fund Model

Crowdfunder did it last year with the launch of their crowdfunding/startup “index” fund. Now Circleup is jumping into the startup fund party with the launch of a $125M […]
October 23, 2017

Private Equity and Hedge Fund Two and Twenty Deal Structure is Dying

I was recently reading one of Warren Buffett’s annual shareholder letters, which are always insightful as well as entertaining. In it, he describes the typical […]
November 30, 2016

The Case for M&A in “Dirty Jobs”

It is both counter-intuitive and unfortunate that society often marginalizes dirty, blue collar careers. I also find it ironic that some of the most successful […]
September 19, 2016

How to Find Accredited Investors

Despite much of the buzz surrounding Jobs Acts 1 and 2, I’m suspicious of things actually changing much. The risk of allowing general solicitation and […]
September 12, 2016

Preference for the Independent Sponsor Business Model Among Investors and Entrepreneurs

The independent sponsor (sometimes called a fundless sponsor) business model represents a convergence between traditional private equity and the discipline of raising capital for individual […]
September 5, 2016

When (and How) to Walk Away from a Deal

Deal-making is as much art as it is science. The science is generally performed on the front-end of the deal by equity analysts and expert […]
August 27, 2016

The Real Problem With Most Companies: They’re Not Built to Sell

There is a real sickness in most lower middle-market businesses: they’re not built to sell. They’re built to operate, make money and provide a living, […]