Fenwick & West’s Post

$830k committed in 32 minutes. Tory Sheffer is one of our coaches at Fully Funded -- he focused primarily on small to medium multifamily in the midwest, specifically Michigan. In his biweekly sessions, Tory focuses on helping members with their presence on twitter and their newsletters to investors. Over the last year, he has grown his newsletter by over 3,000 members and potential investors. Wether you are working on smaller equity raises for off market deals or raising $10m+ for larger institutional grade projects -- myself or one of our great coaches (who are still doing the work) should be able to help uncover $$ from your current and future investor base. #raisingcapital #capitalraising #syndication

Our focus at Blue Owl Capital is clear: to provide exceptional private capital solutions that can provide attractive risk-adjusted returns. Two key tenets serve as the strands of DNA underpinning everything we do. The first is delivering a series of products for our investors targeting principal preservation and income generation. The second is a dedication to those we serve: the users of our capital. From community businesses to leading financial sponsors, we invest in long-term relationships that our partners can count on for the long haul. These tenets represent the core of who we are as a company, propelling us forward to provide tailored, long-dated private capital solutions designed to deliver in many markets. 

Exciting news! 🎉 Left Field Investors is joining forces with Bigger Pockets to create Passive Pockets, a game-changer for passive investors. We’re thrilled to continue our mission of building a strong, supportive community with even more resources and opportunities. Let’s take our investing journey to the next level together! 🚀 #PassiveInvesting #CommunityFirst #BiggerPockets #FinancialFreedom #InvestSmart #PassiveIncome

Stay in your lane, and focus on the game. We often get asked if we would consider investing in other markets in Texas other than Houston, Dallas, and San Antonio, or even outside of Texas. Although these markets may present great opportunities, our answer is simply no. This is not because we believe these markets are not worth investing in, but it comes down to our core principle of focus. We believe in staying in our lane, and concentrating on what we know best. To learn more about investing with Lone Star Capital, join our investor list by clicking the link below. #realestateinvesting #lonestarcapital

Are you attending the Smart Business Dealmakers Summit today? I'd love to connect and explore how we might add value to each other. At Bloom Wealth Partners, we're actively seeking multifamily value-add opportunities in Northeast and Central Ohio. If you have a deal, please reach out, looking at transactions from $1M-15M. We're here looking for a select few limited partners, preferred equity investors, or joint venture partners to close on our deal pipeline and be a programmatic partner. If you're an investor or capital provider attending the event, let's connect in person about our current deals and see how they might complement your portfolio and wealth-building strategies. Drop a comment below or message to start the conversation! #privateequityrealestate #valueadd #midwest #multifamily #cleveland #clevelandohio #northeastohio #smartbusinessdealmakers

Exciting news! 🎉 Left Field Investors is joining forces with Bigger Pockets to create Passive Pockets, a game-changer for passive investors. We’re thrilled to continue our mission of building a strong, supportive community with even more resources and opportunities. Let’s take our investing journey to the next level together! 🚀 #PassiveInvesting #CommunityFirst #BiggerPockets #FinancialFreedom #InvestSmart #PassiveIncome

A few more tips from Catherine Young on 'Unlocking the LP Capital Stack for African Tech': - See if you can find funds to work with and use their credibility. What really helps is a couple of strategic partners—for example, Grindstone Ventures has Knife Capital as its 'older brother' - Show early wins to build credibility over time - Keep LPs updated. It's a long game, so it is important to show real transparency when you pitch and to communicate openly with LPs. As a fund manager, knowing the LP's mandate, i.e., what the boundaries are, would make my life easier. My advice to other funds? Let's fix some SPVs and work together, instead of all trying in our own way.

We had a wonderful dinner with Blue Owl Capital's Chris Crampton a few weeks back (yes, just now catching up) and appreciated his insights into the private markets.   One of their priorities is something called a continuation fund. What makes a continuation fund unique is that it enables a General Partner (GP) of an existing fund to extend the life of their best assets by transferring them into a new one.   Despite being relatively new, continuation funds already represent about 10% of private equity exits (with M&A and IPOs making up the remaining 90%).   However, what I learned from Chris is that this percentage is expected to shift significantly in favor of continuation funds in the future. Indeed, a large percentage of the sponsors that Blue Owl works with are engaging in continuation funds for the first time, which should enable GPs to retain their best-performing companies.   This shift comes as a historic time as Private Equity firms have increased their market presence considerably. It will be interesting to see how this impacts other sectors of the private markets over the coming years as they become more well-known for management acumen rather than just turnarounds.

Huge shoutout to Mohit who has been taking massive action — it’s paying off in a big way with $1.1m commited from three investors in a single day. Mohit has been attending nearly every Fully Funded call, networking within the community and more importantly, taking action with applying what he’s learned. If you’re looking to connect with a Midwest multifamily operator buying sub institutional sized deals, I’ll gladly introduce you. If you’re looking to learn how to raise more capital, more quickly — send me a dm. #raisingcapital #capitalraising #softcommits #syndication

3 things GPs and LPs say to each other behind closed doors... Do you agree or disagree? 1️⃣ VC “platforms” are BS. Why? Founders just want to focus on building their companies and don’t necessarily need or want constant support and services from the VC’s platform team. 2️⃣ The money flood has spawned an explosion of VCs. Assets under management have over the last ten years gone up by 6x. The number of investors in 2013 was 6,000. Now, there are 60,000. 3️⃣ Family offices offer hassle-free capital, but big money is always big money. Smaller funds may seem easier for LPs to underwrite, but even family offices hesitate when the checks grow. A $25M investment demands more scrutiny and a stronger track record. Read more from Allie Garfinkle in Fortune Term Sheet (Link in Comments). #VentureCapital