Aug 21, 2018
Have invested in several deals, can't comment personally on track record due recently investing. Communication both before and after close is timely and complete. Fees have varied lately, some earlier deals are average to good, some more recent deals are a little less generous. I do like that they seem to offer IRR lookbacks, where the limited equity investors get a certain % IRR lookback which is higher than the preferred return. In exchange, they get a higher promote for what is over the IRR lookback..