Opportunity Fund
also referred to as: opportunity funds
2 statements across 1 episodes · 0 bullish · 2 bearish · 1 people on the record · first statement Feb 27, 2023 by Chris Douvos · across every show →
Everything said about Opportunity Fund, oldest first
Feb 27, 2023 negative
Douvos: Opportunity funds are a sneaky workaround to LP fund-size limits
“Now we've just started calling them opportunity funds, which by the way is just a sneaky way around the issue of my LPs don't want me to get too big. So I'll leave my core fund the same size, but I'll raise this opportunity fund.”
Feb 27, 2023 bearish
Douvos: Core and opportunity fund conflicts will anger LPs during downturns
“What we saw in 2002 1001, 2002 is all of a sudden you find these companies that have like these distressed fundraisers and you actually find the same fund owning two different securities, which may be in conflict with each other. And maybe one fund has capital…”