Thanks! Glad to hear it. Good luck with your PE recruiting!
]]>Thanks. I would put BGF more in the growth equity category, as it doesn’t appear they even do traditional LBOs. Capital IQ says: “It typically acquires a majority or minority stakes of between 10 percent and 40 percent in companies and prefers to take a board seat.” which means it’s much more in the growth equity category due to the minority stakes. I wouldn’t really call it LMM PE unless it acquires companies in full and uses at least some leverage.
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I truly do not think I would be where I am today without this website/your work. Whenever I get networking emails from students trying to break in, I tell them to go to this website, follow your advice, and ignore everyone else. Your sh** is truly amazing. Thank you!!
]]>Where would you put the UK’s Business Growth Fund: http://www.bgf.co.uk ? They’ve got AUM of ~£2.5b, but deal size is £1-15m, with a very flat hierarchy. Would that be growth equity/LMM?
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