No problem. I don’t manage their assets. Just that I worked with them or that they were my clients in my job. It may be odd to say given how much assets they are managing, but after dealing and working with them for so many years, they become personal friends are just but a one call or email away.
To be frank the institutions can move less nimbly than the family groups do. I would say if the equity amount that needs to be raised to discuss this transaction is in the ballpark of $500mm, it is something very possible indeed.
Of course do the proper KYC. But these folks have assets all across the UK
Deloitte wouldn’t call me because this is a consortium that I am thinking of putting together consisting of various groups that aren’t existing as an a combined entity on paper yet. What they will do is call the sovereign funds like a checklist (QIA, Temasek, Japan Life..)
Am saying not for BS, sure I can try to find my way around Deloitte for a chat. The point is, there are seriously a lot of good folks that can look into this deal for real. Much more than a debt laden fund manager like 777 in all sorts of trouble.
Never let our club go like that. It’s another downward spiral for the next 5 years. I already had enough the last few seasons.