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Message: [QUOTE="Forza Azzurri, post: 5599674, member: 1452"] It is not a "scheme" and nobody is getting "conned" into it. Now, whether whoever at Utah evaluated this proposal and signed off on has the expertise to do so is a legitimate question. If they don't, that is on Utah, not the PE firm. The 64,000 question is whether the PE can raise Utah's revenues enough to justify selling a percentage of them. Only time will tell with that. Remember the PE firm also has a strong incentive to make this work. They have an opportunity cost by allocating their scarce capital to Utah's LLC instead of the myriad other ways they could deploy it and they have fund shareholders to answer to. If this goes south, it isn't just bad for Utah, it is bad for the PE firm also. [/QUOTE]