Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: RoosterRedux

So it’s a hedge firm looking to short struggling/weak businesses?


21 posted on 02/25/2021 7:33:34 AM PST by JonPreston (Q: Never have so many, been so wrong, so often)
[ Post Reply | Private Reply | To 16 | View Replies ]


To: JonPreston

Looks more like a cross between a second stage venture and an LBO fund. They say they are looking for growth opportunities, but with only $1 billion in capital and no track record, they will take what they can get.


22 posted on 02/25/2021 7:44:57 AM PST by RoosterRedux
[ Post Reply | Private Reply | To 21 | View Replies ]

To: JonPreston
I also noticed that they were looking for "family-led" businesses that have growth potential.

That's probably not a bad niche market. Mitt's has all those Mormon contacts around the country and usually growth-oriented family businesses hit a spot where they have to decide to go big or go home.

Sounds like this fund will get involved at that point (either a buy-in or a buy-out) and work toward an eventual IPO.

23 posted on 02/25/2021 7:51:46 AM PST by RoosterRedux
[ Post Reply | Private Reply | To 21 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson