So let’s say you decide you want to sell a slice of your firm (see yesterday’s deep dive on how and why here); who will be the buyer?
It may well be Wafra; you can read about their approach here.
And what do investors think about firms that have taken on external investors? Are they a less investable prospect? We’ll actually have some data on that soon courtesy of sister publication PEI’s annual LP Perspectives survey. In the meantime, here are the thoughts of one seasoned LP.