Should you use a placement agent on your next fund
- jebaltonaga
- Oct 11, 2023
- 1 min read
SHOULD YOU? Two questions to ask before deciding... š¤ š„ Do you have an internal sales team, IR etc... Can they cover all the global locations you wish to be #raisingcapital š„ Are you willing to spend on having the best #storytelling and #innovation plan to get in front of the relationships for a successful raise? 1ļøā£ Find a placement agent that knows exactly who in the LP universe you a match. šÆ the most valuable thing you can get out of it. 2ļøā£ Completing due diligence requests from LPs is much easier when itās outsourced to an agent. 3ļøā£ Having them all year-round is also a benefit, especially for GPs with smaller IR teams 4ļøā£ Agents are also useful in extending the GPās distribution capacity and coverage, especially if the preference is to tap specific geographies or investor types. 5ļøā£ Placement agents who have evolved their business lines typically do better than others itās no longer just LP introductions these days. This means advising on secondaries, co-investments, and NAV facilities, to name a few. šØš¼āš¼ That's why we believe our model covers these aspects and more. Please reach out to us at Info@clearglasscap.com For Investment Banking Visit: www.leagueadvisors.com Diagram on relationships below šš¼ https://lnkd.in/evcBa9nt Thanks Carmela Mendoza #alternativeinvestments #innovation #privatemarkets #privateequity #hedgefunds #startups