Moodgal: Raised $800M Over a Single Weekend for TCI's Visa Bet
Rahul Moodgal · Rahul Moodgal - Master Fund Raiser (Capital Allocators, EP.87) · Feb 18, 2019 · at 28:16
Rahul Moodgal, former head of business development at TCI (The Children's Investment Fund), describes the fund's capital-raising speed and allocator appetite prior to the 2008 financial crisis.
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“I'm going to Asia, Chris calls me, I land in Hong Kong, calls me on a Thursday night, and says, I need eight hundred million by Monday. Ok, fine. So I go to sleep, I wake up Friday morning, I sit on the phone, and raise eight hundred million bucks, call him, and suddenly eight hundred million is coming on Monday, because who's going to make a big investment in Visa?”
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