Investment Partnership Inquiry

[Ian Joyce]

I am curious if anyone experience in partnership, GP / LP scenarios.  I am partnering on an exciting opportunity with a few friends / investors.  I am proposed GP with development / management experience, however my liquidity is tied up in a separate development initiative. My position as GP is justified with work experience being that I invest and develop for years, and for putting the deal together and bringing the unique opportunity.  The investors will be LPs, also want equal equity stakes down the line, even with less or minimal initial investment upfront and wanted to see if anyone has selling / talking points to justify that position.  I know my value in bringing the deal, managing approvals and minor renos and having the team to get this done quickly.  Thank you in advance for any insight and advice in talking through the equity and distribution stakes.