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Fashions New Money Matchmakers How Do They Make Their Money

Fashion Inc.

by Lauren Goldstein Crowe
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Aug 06 2007 12:00am EDT

Fashion's New Money Matchmakers: How Do They Make Their Money?

HMania asked how TSM Capital was going to make money out of their new business model for matching brands with financing. TSM Partner Aslaug Magnusdottir explains:

We do not take any fee for the fundraising itself. We function more like a private equity fund - but on a deal by deal basis and without a fund!! We are compensated with an annual management fee from the investor and a participation in the upside - we receive a carried interest when the investor sells the stake. Both forms of compensation are the norm in a private equity setting.

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