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Can we stop attaching unpublished cases yet?
PE clients already understand how credit agreements work so you don’t need to explain the basics and can focus on finding ways to improve on the last deal they did. Process tends to be more efficient too — no decsions by committee. And repeat business means you build better relationships.
The experience on borrower or lender side can be quite different. Assuming you’re asking re borrower side work on LBOs, agree with A1. In addition, you get to work closely with leadership at portfolio companies and understand their business. I regularly work with both the CFOs and PE investors and get a lot more visibility on the business side than my counterparts doing lender work.