Any recommended syndicators?

[Troy Zimmerman]

Hey all,

Does anyone have solid investment experience with any syndicators who are active here on BP?

[David Lilley]

@Troy Zimmerman it may sound cool to have $1B in assets under management, but that doesn't tell you much of anything about the sponsor and what returns you can expect. Whoever you talk to, ask them how many of their deals they have sold and what their average hold period and IRR to investors is. Then, ask them about their worst deal and what that IRR was and find out what went wrong. Focus on evaluating the sponsor and their background thoroughly. A sponsor and their values/character is MUCH more important than the deal itself.