$500M AUM: Unlock Massive Cashflow with a TRA Strategy
$500M AUM: Unlock Massive Cashflow with a TRA Strategy  
Podcast: Making Billions: The Private Equity Podcast for Fund Managers, Startup Founders, and Venture Capital Investors
Published On: Mon Aug 26 2024
Description: Send us a textHey, welcome to another episode of Making Billions, I'm your host, Ryan Miller, and today I have my dear friend Andy Lee. Andy is the founder and CIO of a $500 million fund called Parallaxes Capital. Andy and his team have built their fund by providing access to investing in a fascinating asset called Tax Receivable Agreements for institutional investors. He's been featured in publications such as Wall Street Journal, Bloomberg capital allocators, NBC, Forbes and more. So what does this mean? Well, this means that Andy understands how to build a fund, raise capital and provide steady cash flow to his investors. Subscribe on YouTube:https://www.youtube.com/channel/UCTOe79EXLDsROQ0z3YLnu1QQConnect with Ryan Miller:Linkedin: https://www.linkedin.com/in/rcmiller1/Instagram: https://www.instagram.com/makingbillionspodcast/Twitter: https://twitter.com/_MakingBillonsWebsite: https://making-billions.com/[THE GUEST]: Andy is the founder and CIO of a $500 million fund called Parallaxes Capital. Support the showDISCLAIMER: The information in every podcast episode “episode” is provided for general informational purposes only and may not reflect the current law in your jurisdiction. By listening or viewing our episodes, you understand that no information contained in the episodes should be construed as legal or financial advice from the individual author, hosts, or guests, nor is it intended to be a substitute for legal, financial, or tax counsel on any subject matter. No listener of the episodes should act or refrain from acting on the basis of any information included in, or accessible through, the episodes without seeking the appropriate legal or other professional advice on the particular facts and circumstances at issue from a lawyer, finance, tax, or other licensed person in the recipient’s state, country, or other appropriate licensing jurisdiction. No part of the show, its guests, host, content, or otherwise should be considered a solicitation for investment in any way. All views expressed in any way by guests are their own opinions and do not necessarily reflect the opinions of the show or its host(s). The host and/or its guests may own some of the assets discussed in this or other episodes, including compensation for advertisements, sponsorships, and/or endorsements. This show is for entertainment purposes only and should not be used as financial, tax, legal, or any advice whatsoever.