What are the best strategies to protect my portfolio?, I've heard that a downturn will devastate the financial market, so I'm concerned about my $200k stock portfolio.
There are strategies that could be put in place for solid gains regardless of economy situation, but such execution is usually carried out by an investment specialist
My financial advisor has been a game-changer, providing clarity and boosting my confidence in navigating finance. With their help, I've achieved my goals faster than I imagined. Highly recommend!
NICOLE ANASTASIA PLUMLEE' is her name... She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
Tried to get a job as Bill Hader's stunt double. But emotional stunts only. Like if he's getting yelled at in a scene. No dice. So financial tutorials it is... :)
No doubts , A good way of growing and saving your money is through investing . You don't need to have much before you can invest. "That little money you have now can make you millions if you invest it wisely". I wasnt financial free until my 40’s and I’m still in my 40’s, bought my second house already, earn on a monthly through passive income and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing is a grand choice I made
@Vic Vic That’s great , your investment advisor must be really good,I have seen testimonies of people using the help of investment advisors in making them more financial stable. Do you mind sharing more info on this person?
@@Alexedmartin. She is easy to find , make a quick research of her on the internet with her name Regina Louise Collaro and leave her a message .She works with anyone independent of their location.
@@vicahmed221 I have had the intentions of starting investing. But I always thought it was late and I think I need to stop procrastinating. I will definitely 🔍 Regina Louise Collaro and see what she can advise .Thanks a lot . This was of so much help to me .
@@vicahmed221 You are right, I am one of many who has benefited from investing with Regina Louise Collaro. 2020 is an unforgettable year in my life, back then I lost my job due to covid and had no reason to live. Regina made a good life possible for me through passive income and I owe her my life. To be honest, I feel like she is an angel of who was sent to help those who are suffering financially
Ok, so for clarity. The "GP LLC" sounds like it is merely an entity that assumes responsibility / power of attorney as per the PPM / LPA documents. It then recieves the distributions as per waterfall structure. Kind of a shell corporation to house the GP's interest and legal authority which then conduits the waterfall to ther checking account (say) when investments mature and produce dividennd, etc. The "Mgt Company LLC" entity is where the actual operational staff live. Humans, at desks. That's where the analysts sit, the FIN/ADMIN person sits, the GP who says yes or no to things, etc. Actual paychecks eminate from this entity. The admin assistant, the coffee maker, the CFO, COO, the Series 65 RIA person, etc, etc. In this model the GPs will actually be the incorporator of this entity and if required register with SEC as a RIA.
Hi! The detailed notes that support this video are available as part of this curriculum: www.asimplemodel.com/financial-curriculum/private-equity/ Hope you find it useful!
Thanks Luca! Should you be interested, you can find some more introductory information at the following link: www.asimplemodel.com/model/88/introduction-to-private-equity/how-private-equity-works/ (this also has notes available for download)
Quick question: Deal Team, Accounting, Treasury etc all employees of the PE firm - they are part of Management Company, right? their salaries/bonuses should reflect in Management Company accounting.?
Works in a hedge fund industry and recently starts exposing to the PE and these videos help me to understand Private Equity so much. Please continue making videos with great and knowledgeable contents! I love them!
Hi, you can find more detail on the website. Its part of the ASM+ PRO tier, which includes the Private Equity Training course: www.asimplemodel.com/financial-curriculum/private-equity hope that helps!
Hi! This example might help clear it up: ua-cam.com/video/80Ij5ZOWhg8/v-deo.html (in this example its 20% of "profit") There's also a slower explanation here: www.asimplemodel.com/financial-curriculum/financial-modeling/leveraged-buyout/distribution-waterfall
Hi! The private equity training materials come with detailed PDF notes so that subscribers can move forward at their own pace :) I get a lot of comments about pace (too slow, too fast, etc), unfortunately really difficult to please everyone, but that's why we add the notes to the curriculum.
thank you! we still have a ways to go on the private equity front, but once we are further along on that front we may move on to public equities and hedge funds.
Great question! The management company is generally affiliated with the GP, but they are not the same entity. The GP will enter into a management agreement (or investment advisory agreement) with the management company. Under this agreement the fund pays the management company fees to employ the investment team, evaluate opportunities, manage the portfolio and manage all day-to-day operations. This is a common structure that allows the management company to work across multiple funds while still having a GP for each fund. It is not uncommon to see a private equity firm scale and raise new funds in the process. Over time the same management company could be affiliated with a handful of funds (GPs). The management company owns the firms branded assets and intellectual property, which include the name of the firm, the track record and any proprietary processes the firm has developed. This helps the management company raise new funds and allows it to build goodwill across funds.
I really enjoyed your thought-provoking question, and thought it deserved a post. For future reference: www.asimplemodel.com/reference/141/private-equity-fund-structure-gp-and-management-company/ (summary available in my second comment on this thread)
Hi Lakshman, many of the videos I post to UA-cam are part of a curriculum available on ASimpleModel.com. These videos have typed notes available for download so that you can move at your own pace, but it is part of a subscription service (subscriber content: www.asimplemodel.com/model/103/introduction-to-private-equity/private-equity-fund-structure/). I try to keep prices low in an effort to eliminate cost as a deterrent to education. The PE Training curriculum is currently priced at $14 / month.
Thanks! And great question. This is a common structure that allows the management company (aka fund manager, investment advisor) to work across multiple funds while still having a GP for each fund. It is not uncommon to see a private equity firm scale and raise new funds in the process. Over time the same management company could be affiliated with a handful of funds (GPs). Hope that helps!
Hi! Thanks for commenting. The content on ASM is designed to help with careers in investment banking and private equity. Please feel free to send me an email via the contact page if you have more specific questions!
Hi, Peter In the video you have mentioned you will be providing notes, however I couldn't find any link for the P.E notes. Can you pls provide the link for the notes in description or as a reply to my comment.
Hi Sai, most of the notes for this series are part of the Private Equity Training curriculum available at ASM (www.asimplemodel.com/model/10/introduction-to-private-equity/). The first two are free, but after that it requires a subscription. We strive to be the most affordable option available. A monthly subscription is currently $20 / month and can be cancelled at any time. Thanks for checking out the channel!
thanks for the comment! while it doesn't cover management fees the video on the distribution waterfall covers in detail how investors benefit from upside (ua-cam.com/video/BKH_W2RuTxk/v-deo.html) I am working on something for the fees as well :)
Hi Amir! Thanks for the comment. At the moment we are focused on private equity content. We should have new lessons up on the site within the next couple of weeks. I will keep this in mind as we explore new topics next. Thanks again!
I couldn’t help but notice the books in the background. Is there any literature out there you can recommend us reading? Maybe do a video on books you find informative as well, lol?
What are the best strategies to protect my portfolio?, I've heard that a downturn will devastate the financial market, so I'm concerned about my $200k stock portfolio.
There are strategies that could be put in place for solid gains regardless of economy situation, but such execution is usually carried out by an investment specialist
My financial advisor has been a game-changer, providing clarity and boosting my confidence in navigating finance. With their help, I've achieved my goals faster than I imagined. Highly recommend!
Oh, really? I have never thought of that as an option. Can I ask who it is you've been working with? I bet I could use some help myself.
NICOLE ANASTASIA PLUMLEE' is her name... She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
I just curiously searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you
Finally, but what I would love is an explanation of this using Journal Entries😅
Wow, quite the pivot for Bill Haider to go from SNL, Barry to now financial tutorials!
Tried to get a job as Bill Hader's stunt double. But emotional stunts only. Like if he's getting yelled at in a scene. No dice. So financial tutorials it is... :)
Hey Peter, can you also show us the calculation of dividend distribution among GP and LP
No doubts , A good way of growing and saving your money is through investing . You don't need to have much before you can invest. "That little money you have now can make you millions if you invest it wisely". I wasnt financial free until my 40’s and I’m still in my 40’s, bought my second house already, earn on a monthly through passive income and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing is a grand choice I made
Nice one Vic.Any investment tip?. I would love to know how you made it this far
@Vic Vic That’s great , your investment advisor must be really good,I have seen testimonies of people using the help of investment advisors in making them more financial stable. Do you mind sharing more info on this person?
@@Alexedmartin. She is easy to find , make a quick research of her on the internet with her name Regina Louise Collaro and leave her a message .She works with anyone independent of their location.
@@vicahmed221 I have had the intentions of starting investing. But I always thought it was late and I think I need to stop procrastinating. I will definitely 🔍 Regina Louise Collaro and see what she can advise .Thanks a lot . This was of so much help to me .
@@vicahmed221 You are right, I am one of many who has benefited from investing with Regina Louise Collaro. 2020 is an unforgettable year in my life, back then I lost my job due to covid and had no reason to live. Regina made a good life possible for me through passive income and I owe her my life. To be honest, I feel like she is an angel of who was sent to help those who are suffering financially
Ok, so for clarity. The "GP LLC" sounds like it is merely an entity that assumes responsibility / power of attorney as per the PPM / LPA documents. It then recieves the distributions as per waterfall structure. Kind of a shell corporation to house the GP's interest and legal authority which then conduits the waterfall to ther checking account (say) when investments mature and produce dividennd, etc.
The "Mgt Company LLC" entity is where the actual operational staff live. Humans, at desks. That's where the analysts sit, the FIN/ADMIN person sits, the GP who says yes or no to things, etc. Actual paychecks eminate from this entity. The admin assistant, the coffee maker, the CFO, COO, the Series 65 RIA person, etc, etc.
In this model the GPs will actually be the incorporator of this entity and if required register with SEC as a RIA.
I am structuring a private equity fund, and I really needed all this vocab in English. Thanks so much, very clear all your explanations.
Hi! The detailed notes that support this video are available as part of this curriculum: www.asimplemodel.com/financial-curriculum/private-equity/ Hope you find it useful!
Very helpful intro, thank you!
Peter - this was detailed but explained clearly
Thanks for commenting! Much Appreciated.
awesome!!! Thank you for explaining
Thanks for the video
Super video about PE introduction, very clear and simple to start.
Thanks Luca! Should you be interested, you can find some more introductory information at the following link: www.asimplemodel.com/model/88/introduction-to-private-equity/how-private-equity-works/ (this also has notes available for download)
Can this same approach be applied to real estate, as a debt fund using the property as collateral (non equity position)?
Thank you!
Great content, am working as a private equity fund accountant and we come across all these everyday.
Quick question: Deal Team, Accounting, Treasury etc all employees of the PE firm - they are part of Management Company, right? their salaries/bonuses should reflect in Management Company accounting.?
Hey Peter.. I was searching for material to know about private equity. Your video was the best and simple...
Thank you for writing! Always find these comments motivating :)
Very helpful.. Thankyou!
Great to hear! Thanks!
Works in a hedge fund industry and recently starts exposing to the PE and these videos help me to understand Private Equity so much. Please continue making videos with great and knowledgeable contents! I love them!
How is the PE return va volatility comparing to S&P
Well said
What is the difference in GP and Mgmt. Team? What are their tasks and responsibilities?
Great question. I have a new video coming up on this topic. Should be posted in the next couple of weeks.
@@ASimpleModelhas the video came on this topic?
This is a great video.
Thanks!
Is clearlake capital a private equity firm?
Great video!
Thank you!!
Hi,
Can you please give some literature on this topic, which goes more in detail. Thank you!
Hi, you can find more detail on the website. Its part of the ASM+ PRO tier, which includes the Private Equity Training course: www.asimplemodel.com/financial-curriculum/private-equity hope that helps!
Did u say that the GP makes 20% of the entire fund?
Hi! This example might help clear it up: ua-cam.com/video/80Ij5ZOWhg8/v-deo.html (in this example its 20% of "profit") There's also a slower explanation here: www.asimplemodel.com/financial-curriculum/financial-modeling/leveraged-buyout/distribution-waterfall
Wish you would slow down! Are you reading from a script?
😊
Hi! The private equity training materials come with detailed PDF notes so that subscribers can move forward at their own pace :) I get a lot of comments about pace (too slow, too fast, etc), unfortunately really difficult to please everyone, but that's why we add the notes to the curriculum.
Peter, I love your videos! These are amazing! Please keep making these!
Thanks Chacko! We are working on a full private equity series and hope to have it up soon!
Great, simple and to the point. would you please make one about hedge fund incubators, how are they established and taxed.
thanks.
thank you! we still have a ways to go on the private equity front, but once we are further along on that front we may move on to public equities and hedge funds.
I think mngt co and gp are same ? Am i right
Great question! The management company is generally affiliated with the GP, but they are not the same entity. The GP will enter into a management agreement (or investment advisory agreement) with the management company. Under this agreement the fund pays the management company fees to employ the investment team, evaluate opportunities, manage the portfolio and manage all day-to-day operations.
This is a common structure that allows the management company to work across multiple funds while still having a GP for each fund. It is not uncommon to see a private equity firm scale and raise new funds in the process. Over time the same management company could be affiliated with a handful of funds (GPs).
The management company owns the firms branded assets and intellectual property, which include the name of the firm, the track record and any proprietary processes the firm has developed. This helps the management company raise new funds and allows it to build goodwill across funds.
I really enjoyed your thought-provoking question, and thought it deserved a post. For future reference: www.asimplemodel.com/reference/141/private-equity-fund-structure-gp-and-management-company/ (summary available in my second comment on this thread)
Great Peter..your videos are soo helpful.
Thank you! Appreciate you taking the time to write.
nice work! Thank you so much.
Thanks for commenting! Glad you enjoyed it.
Peter- thanks for the Video, but you are very fast, it would be great to take notes if you are little slow....
Hi Lakshman, many of the videos I post to UA-cam are part of a curriculum available on ASimpleModel.com. These videos have typed notes available for download so that you can move at your own pace, but it is part of a subscription service (subscriber content: www.asimplemodel.com/model/103/introduction-to-private-equity/private-equity-fund-structure/). I try to keep prices low in an effort to eliminate cost as a deterrent to education. The PE Training curriculum is currently priced at $14 / month.
you can also slow down the playback speed ( example: from 1X to .5x)
Yes agreed with the comments. Be little slow to make the notes on the topic.
Hi Peter, love your content. What is the purpose of having the management company and the GP in separate entities?
Thanks! And great question. This is a common structure that allows the management company (aka fund manager, investment advisor) to work across multiple funds while still having a GP for each fund. It is not uncommon to see a private equity firm scale and raise new funds in the process. Over time the same management company could be affiliated with a handful of funds (GPs). Hope that helps!
@@ASimpleModel Great answer! Much appreciated =)
Nicely done! Thank you.
Thanks for writing!
I would like to subscribe ASM.how it will help me for my career and interview.plz suggest.thanks
Hi! Thanks for commenting. The content on ASM is designed to help with careers in investment banking and private equity. Please feel free to send me an email via the contact page if you have more specific questions!
Hi, Peter In the video you have mentioned you will be providing notes, however I couldn't find any link for the P.E notes. Can you pls provide the link for the notes in description or as a reply to my comment.
Hi Sai, most of the notes for this series are part of the Private Equity Training curriculum available at ASM (www.asimplemodel.com/model/10/introduction-to-private-equity/). The first two are free, but after that it requires a subscription. We strive to be the most affordable option available. A monthly subscription is currently $20 / month and can be cancelled at any time. Thanks for checking out the channel!
Thank you, this was very useful. And how does the interest/profit for the investors come into the picture (org chart, and flows)?
thanks for the comment! while it doesn't cover management fees the video on the distribution waterfall covers in detail how investors benefit from upside (ua-cam.com/video/BKH_W2RuTxk/v-deo.html) I am working on something for the fees as well :)
@@ASimpleModel Thank you very much ❤
omg your look, is the a pitta me of a hedge fund manager
Ha! Thank you(?) :)
Mardi gras
I definitely prefer mardi gras to private equity structures...
Finally, someone who explains it in a way where I understand
Thank you!
most welcome!
Hi, what is the porfolio fee range that the mgmt co charges the portfolio company?
Fantastic overview!! Thanks for the content
really informative
thanks!
This is well made
Thank you!
Good Stuff.
Thanks!
A+ video
Thank you!
Slowly
Thanks for the content Peter! Any plans to work on modelling content for project finance?
Not exactly a PF course, but should help
Hi Amir! Thanks for the comment. At the moment we are focused on private equity content. We should have new lessons up on the site within the next couple of weeks. I will keep this in mind as we explore new topics next. Thanks again!
I like how you address us as “team.” It makes me feel more engaged while learning. Thank you for the videos!
Absolutely, glad you enjoy them. Certainly hope we're a team, otherwise its just me talking to a camera lens...
Amazing tutorials!
Thank you so much
I couldn’t help but notice the books in the background. Is there any literature out there you can recommend us reading? Maybe do a video on books you find informative as well, lol?
Love this idea! Will explore it. Thank you!
Thank you my friend.
Now I see the whole picture!!!
Well Explained!!!!