From LP to GP: Lessons Learned

Sheryl Schwartz, Managing Director of Perseus Finance, knows a thing or two about raising funds from limited partners—she was one. So when she joined the GP side from her job running alternative investments for TIAA-CREF, she brought a wealth of insight http://www.phpaide.com/?langue=fr&id=5 as she went out to sell Perseus’s first mezzanine fund.

In this in-depth interview, Schwartz describes life from both sides of the bargaining table; outlines the opportunities in mezzanine lending to smaller businesses; and details the challenges of co-investing for even the most sophisticated, resource-rich LP.