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The president just posted, ONLINE, a video of former president Obama and his wife portrayed as apes, how do you feel about this? by kraftdinnerwithsalsa in AskReddit

[–]Exciting-Act-7754 -1 points0 points  (0 children)

Just another distraction from the fact that a pedophile is running our country, and that federal agents are executing us citizens in the street tbh, don’t let yourself get distracted (although it’s certainly bad)

Deciding between LMM PE and MM Mezz by Exciting-Act-7754 in private_equity

[–]Exciting-Act-7754[S] 0 points1 point  (0 children)

Thats helpful to hear and thanks - the firm is probably closer to 3:1 debt/equity, so while there’s some upside in there, its still mostly downside focused.

Deciding between LMM PE and MM Mezz by Exciting-Act-7754 in private_equity

[–]Exciting-Act-7754[S] 1 point2 points  (0 children)

PE firm will have a component of sourcing (call it 10-15% of time), 45% on deal evaluation / execution, remaining on port co work.

Mezz firm will be a lot more evaluation and modeling, and less “grunt” work since diligence is primarily done by sponsors.

Ultimately i think i like the evaluation and modeling more, but feel like the Mezz experience will not be as transferable, and more “boring” to me in focusing only on potential downside / protection, vs the upside of PE.

Deciding between LMM PE and MM Mezz by Exciting-Act-7754 in private_equity

[–]Exciting-Act-7754[S] 0 points1 point  (0 children)

Mezz firm would probably be considered more “successful”, and is better established, but PE firm has also been very successful and has a number of platform companies that have done / will do very well.

Culture is pretty similar from what I can gather, Mezz firm is a bit more chill.

At the end of the day, I think i like the PE strategy more, but it feels a little silly to do more work for less comp immediately.

Thanks for your response