European GP
1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Mar 24, 2025 by Ed Grefenstette · across every show →
Everything said about European GP, oldest first
Mar 24, 2025 negative
A European GP waterfall requires 5.6x gross to deliver 3x net
“We have a European GP. We actually are underwriting right now. We really like the firm, but the way the waterfall is calculated and the fact that the GP is actually charging some fees to the portfolio companies, they need to generate a 5.6 X gross to hit a thr…”