Thibault Weston Smith on Sud Radio: can you invest together without getting it wrong?
Sud Radio invited Thibault Weston Smith onto Osez investir, Thomas Binet's weekly investment column, to discuss club deals: what investing alongside others in one identified asset actually changes, in transparency and in risk.
Sud Radio invited Thibault Weston Smith onto Osez investir, the weekly investment column presented by Thomas Binet, for an episode asking a plain question: can you invest together without getting it wrong?
Investing alongside others in a single, identified building is not the same as buying units in a diversified fund. You see the asset. You know what is being bought, at what price, and what has to happen for the money to come back. That visibility is the appeal of a club deal, and it is also where the discipline has to sit: one asset means no averaging, so the underwriting, the operating partner and the exit have to hold on their own.
It is the logic behind Crayon Bleu, our club deal series: one building in a European capital, acquired below replacement cost, repositioned for a use its city is short of, and sold once stabilised. Each deal is presented with its scope defined and costed before acquisition, not after.
Crayon Partners S.A.S. is a financial investment adviser registered with ORIAS under number 24004502 and is not the management company of any fund. Nothing here is an offer or an investment recommendation.
