LP EducationMay 18, 20267 min read
Your Non-Recourse Loan Isn't Non-Recourse
Bad-boy carveouts flip non-recourse debt to full personal recourse. Here's what every LP should ask before wiring.
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Investment thesis, market commentary, deal stories, and the occasional argument with conventional wisdom. Written for accredited LPs who want to understand the work, not just the numbers.
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