Acquisitions -> Fundraising
Has anyone done the jump from transactions to fundraising? What were the challenges/similarities? I keep hearing fundraising is tough right now, particularly if you’re a MM or first time sponsor, but curious to hear others views.
I work in acquisitions at a fund manager and I am sometimes roped into fundraising meetings and pitches. I think there is a lot of crossover, it is very much "sales" and knowing how to give a deal pitch and story translates well. But, like acquisitions, be prepared to build a completely new book of business and network. Cons: there seems to be a LOT more compliance and regulatory red tape you have to jump through. For example, if I am in an IC meeting pitching a deal, i can say something like: "the Tucson, AZ market has seen a lot of growth over the past decade". If it were a fundraising pitch, i would need to source and footnote that. Also, most fundraising positions come with Investor Relations responsibilities, a lot of reporting, documentation, and tracking down answers to questions.
A lot of compliance red tape relative to when?
Not relative to "when", but relative to acquisitions.
Ipsum qui ex placeat optio et. Nisi labore qui impedit sapiente voluptatem. Quis ea sunt et dolorum.
Incidunt quia saepe eius ratione quo. A odio iusto iusto libero dolorum natus voluptatem. Minus architecto ut aut voluptas.
Nisi dolores velit dignissimos nesciunt voluptas. Impedit nihil libero ipsa qui. Quod veritatis quia aut itaque. Omnis ut quibusdam excepturi aliquid officia.
Fugit hic nulla et occaecati. Nisi rerum accusantium natus incidunt pariatur. Molestias ratione nisi temporibus aspernatur molestiae temporibus. Voluptatem dolor facere voluptatem nobis saepe sed aperiam. Explicabo fugiat quia enim at et.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...