Author Topic: the death of the urban office building  (Read 4569 times)

cherzeca

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Re: the death of the urban office building
« Reply #60 on: May 31, 2020, 11:07:36 AM »
"sing some arbitrary cut off like $2 billion of committed capital for last fund, can you name a PE firm that reached that and then folded/shut down? "

a bunch.  Forstmann Little, Wesray probably most prominent.  not bust, just rich enough to stop


thepupil

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Re: the death of the urban office building
« Reply #61 on: May 31, 2020, 11:38:54 AM »
Forstmann Little appears to have lasted 37 years and about 10-15 years after it made poor investments in the late 90s (just did some googling). Doesn’t that illustrate the longevity of these firms?

Anyways need to go make some calls on my DynaTAC, the Quotron doesn’t seem to be working right today...

EDIT: By the way, clicked on a lot of American PE firms on this list and only found 3 that no longer exist (2 of which you mentioned). Wikipedia is not all encompassing, but again, it would seem to me the evidence suggests that PE firms last a long time and very rarely suddenly go out of business.
https://en.m.wikipedia.org/wiki/List_of_private_equity_firms
« Last Edit: May 31, 2020, 12:07:50 PM by thepupil »