capital recycling
3 statements across 3 episodes · 2 bullish · 1 bearish · 3 people on the record · first statement Sep 11, 2017 by Andy Weissman · across every show →
Everything said about capital recycling, oldest first
Sep 11, 2017 positive
Andy Weissman: Capital recycling reduces effective management fee ratios for LPs
“Everyone wins with recycling. It's so good for your LPs. It's additional investment dollars that they're not paying management fees on, and so over the course of a fund, if you take gains and you reinvest it, that's more money that you're investing that lowers…”
Oct 9, 2017 negative
Dearing: Initial deal picking drives fund returns, not capital recycling
“I don't consider it a bulk part of the strategy because let's be honest, my numbers call it on a fund are driven by my initial investment picking. So picking is the primary thing I do. If I pick really well, I should generate great multiples and liquidity for …”
May 24, 2022 positive
Zeev: Quick 2-3x venture exits are worth taking via capital recycling
“And this is a teachable moment for me because next time, if the risk is that I only make two or three X, quickly, not after five years, then I should have done it. And I'll tell you why, because I totally forgot that I could recycle the money. So in the unfort…”