Created by: kirb
Number of Blossarys: 2
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 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 ...
An investment that returns 10 times the initial capital.
An offer to public shareholders of a company to purchase their shares.
A bank loan for a specific period of time, usually up to ten years in leveraged buyout structures.
A document confirming the intent of an investor to participate in a round of financing for a company. By signing this document, the subject company agrees to begin the legal and due diligence process ...