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Diversification of LPs: How independent sponsors should think about their LPs in and across deals

Should independent sponsors source capital for their transactions using one LP or several? 

How much does the economics for the IS change when there are multiple capital sources?

How should that be weighed against potential inefficiencies?

Which model presents a higher certainty of closing?

Should independent sponsors that have one anchor LP consider diversifying their LP base for their next deal?

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