Created by: kirb
Number of Blossarys: 2
A schedule of the transfer of capital in phases in order to complete a commitment of funds. Typically, a takedown is used by a general partner of a private equity fund to plan the transfer of capital ...
The right of a minority investor to receive the same benefits as a majority investor. Usually applies to a sale of securities by investors. Also known as Co-sale right.
A group of investors that agree to participate in a round of funding for a company. Alternatively, a syndicate can refer to a group of investment banks that agree to participate in the sale of stock ...
Ownership of shares in a company resulting from work rather than investment of capital.
A loan that has a lower priority than a senior loan in case of a liquidation of the asset or company. Also known as "junior debt".