BizJournals Portfolio
Home >   Business Views, Opinions and Blogs >   Business Blogs >   Fashion Inc. >  

Fashions New Money Matchmakers How Do They Make Their Money

Fashion Inc.

by Lauren Goldstein Crowe
Main
Old Designers Creeping Onto The Net   The Business of Celebrity Dressing

Recent Blog Posts

Links

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.

Comments

If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.


Connect With Portfolio.com
Like Portfolio on Facebook

Come on, like us—you know you want to.

Follow Portfolio on Twitter

Follow us and if you're an innovative entrepreneur, we'll return the favor.

The Mix

Today's top stories, conversation starters, and the back nine business bites.

spotlight on

Slideshows

500 Startups Hits New York

Dave McClure's brainchild makes its way to New York and introduces East Coast money folks to some intriguing new companies. View Slideshow