GP commitment
also referred to as: gp commitments
2 statements across 1 episodes · 2 bullish · 0 bearish · 1 people on the record · first statement Oct 31, 2022 by Michael Rees · across every show →
Everything said about GP commitment, oldest first
Oct 31, 2022 positive
Rees: Vast majority of GP stakes capital funds GP commitments, not cash-outs
“As these firms did get bigger, they were using up a lot of capital, and that's been the major use case for almost all the capital that's gone in the ground over the last decade. There are secondary use cases. Of course, there are times when we're buying out a …”
Oct 31, 2022 positive
Rees: Bain's $1B fund commitment sparked industry-wide GP skin-in-the-game standard
“In just shortly after the financial crisis, there were questions around skin in the game from the perspective of investors and investors were saying, yeah, your performance in the industry hasn't been that good through this cycle. And so how do I know you're i…”