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How to Start a Private Equity Firm – and Why You Probably Shouldn’t

Brian DeChesare

Starting a private equity firm is a bad decision for ~95% of people who work in the finance industry. If your investment thesis is “undervalued industrial companies with between $5 and $15 million in EBITDA,” try again. Distributions: How frequently will you distribute dividends, cash flows, interest, and realized gains to your LPs?