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Subject:
Loan question !
Category: Business and Money > Finance Asked by: shoaib-ga List Price: $2.00 |
Posted:
20 Feb 2005 05:30 PST
Expires: 22 Mar 2005 05:30 PST Question ID: 477440 |
In the following webpage address of Credit Suisse First Boston international investment bank or http://www.csfb.com/investment_banking/industry/real_estate.shtml the following statement is written under the heading of 'Private Equity financings', "We have Unmatched experience in structuring and placing limited partnership and other private fund financings with major institutional investors and high-net-worth private clients around the world", I want to know that what is the "meaning" of above mentioned statement ?? |
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There is no answer at this time. |
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Subject:
Re: Loan question !
From: alex1_0_1-ga on 20 Feb 2005 23:44 PST |
This particular sentence most likely refers to their service of finding investors for businesses in need of additional financing. The reference to 'limited partnership' means that they can help you find a 'limited partner' for your business. This limited partner will be a partner, but their role in the partnership will only extend to the role of an investor, and this limited partner may not make any partnership decisions. Their role is the one of a creditor, and they may not participate in partnership managerial discussions. Reference to 'institutional investors' and 'high-net-worth' private clients probably means that CSFB can help you find large amounts of money otherwise not available. For example it is hard to borrow money from a bank if you don't have any collateral. Finding a limited partner may help you attract the required funds. Hope this helps, but please don't take it as a complete legal answer because it's not even close. |
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