capital structure

4 statements across 4 episodes · 1 bullish · 2 bearish · 4 people on the record · first statement Mar 25, 2019 by Jordi Visser · across every show →

Everything said about capital structure, oldest first

Mar 25, 2019 bearish

Prediction Not checkable as stated

Debt covenants will dominate financial market conversations by 2024

“And that capital structure, things like covenants, these are going to be a major part of the conversation over the next three to five years. And I don't think people are ready for what that means.”

Jordi Visser Mar 25, 2019 ▶ 1:08:53 Jordi Visser – Next Generation of Manager Allocation (Capital Allocators, EP.92)

Jul 22, 2019 negative

Insight

Rotating PE owners and capital structures every few years disrupts companies

“It's a very disruptive activity for a company to change the partnership, the capital structure.”

André Bourbonnais Jul 22, 2019 ▶ 23:05 André Bourbonnais – Blackrock Long-Term Private Capital (First Meeting, EP.04)

Nov 22, 2021 positive

Insight

Boehly: Lending offers a lower-risk look at businesses than equity

“When you're lending money, it's almost like dating. You can break up easily when you get paid off, but you also have a front row seat to understanding businesses, industries, management teams in a lower risk way than if you're at the bottom of the capital stru…”

Todd Boehly Nov 22, 2021 ▶ 9:27 Todd Boehly - The Next Berkshire Hathaway at Eldridge (Capital Allocators, EP. 223)

Mar 30, 2023 neutral

Assertion Supported

TRAs sit as unsecured obligations behind debt but ahead of equity

“It sits behind indebtedness, so it's an unsecured obligation ahead of preferred equity as well as common.”

Andy Lee Mar 30, 2023 ▶ 12:22 Andy Lee – Empty Rooms: Investing in Tax Assets at Parallaxes Capital (Capital Allocators, EP.305)

capital structure

Everything said about capital structure, oldest first

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