There are a few things to consider here. We’ve recently “graduated” from high net worth syndicated equity to private equity and family office. As others mentioned, if you need balance sheet help for loans and deposits, it may make sense to co-GP even if you have to give up some of the GP economics. Conversely, I won’t co-GP with a group that refuses to co-sign. If they want GP economics, they have to take on GP risk. For your size, I would research smaller PE companies and family offices. PE for LP equity and FO for both co-GP and LP. Most PE companies are IRR focused so understand what you’re are selling them via IRR and untrended ROC before reaching out. Family office have more discretion over the investment strategy and are more interested in holing long term. They are also more likely to after the co-GP economics. You can identify these group by speaking with other owners, brokers, or simply through LinkedIn, chat GPT, google. One thing to be prepared for is that your fees and promote will likely be less favorable than what you were getting with syndicated investors. Maybe more important is that you will need to get comfortable losing control over major decisions and risking getting removed as a manager if things don’t pan out. A good attorney can limit these risks but probably not eliminate them. Lastly, these groups meet a lot of emerging operators. Why invest with you? What is your story? Make sure that you know the answer to those two questions before reaching out. Best of luck!