An old economy PE veteran told me a few weeks ago: "In the GFC, 2008 was ok for deals. 2009-10 was where you could see the light at the end of the tunnel but folks by then had given up. It was great for deal flow." Really stuck with me. Carlyle seems to agree...https://twitter.com/danprimack/status/1255839618332852224 …
I just put in an loi for assets in a UCc 5 foreclosure auction. Seller does not get how long it will be before we are paid back.
-
-
It's been so long since we had a spate of bankruptices that I'm unfamiliar with the mechanics of it. I went and looked at bankruptcy filings in February. Except for oil co's, it was boring! Best time I start to read up on how it works, I guess.
-
Yeah now is the best time. I've been boning up on it, but nothing is better than actually participating in the process (hopefully as a buyer). There will be a flood, unlike the world has ever seen before.
- 5 more replies
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.