This varies by Sponsor, each has their own history and business structure, and thus a different track record. To speak to our Sponsors specifically, we only partner with what we firmly believe to be the most experienced Sponsors in their niche who hold high values, focus first and foremost on Limited Partners (LPs) (i.e. capital preservation and downside protection), and have a strong history of performance. If you would like to see a more specific break down of each of our Sponsors, I will gladly send you a one pager if you request it via email. We strive to under promise and over deliver!