Drawdown Vehicles
topic on 1 show · 3 statements across 2 episodes
3 statements about Drawdown Vehicles, every show
Mogelof: Drawdowns Yield Higher IRR, but Evergreens Yield Higher MOIC
“All else equal, you would see the IRR of one of our private equity drawdown vehicles, for example, higher than the expected IRR that you'd find in an evergreen private equity solution. Having said that, because you're investing fully invested day one, your mul…”
The 2020 crisis may accelerate asset manager adoption of drawdown vehicles
“I think one of the issues that may come out of this current crisis, Is that for those few managers who were willing to just play it more informally, they're going to be processing the advantage that some of those managers with the legal draw had, and it may ac…”