Pendulum Holdings is offering its second private equity fund according to SEC filings. Pendulum Opportunities Program Vehicle II hopes to raise $350 million with a minimum $10 million investment.
Related parties include:
Founder Elbert (Robbie) Robinson, financial advisor to former President Barack Obama.
Pendulum Opportunities PV II GP LLC
Pendulum Opportunities LLC
D'Rita Robinson (of same address as Founder Robbie)
Sales compensation will go to:
Pendulum Securities, LLC (same address as Founder Robbie)
BDT & Company, LLC (Chicago)
Pendulum offered their first private equity fund in 2021. That $250 million fund required a minimum $1 million investment.
The pendulum stuck in favor of the greed and leverage boys since 2000. President Obama did his part to keep the profit spigot wide open for Blackstone, Carlyle and their PEU brethren. There are few signs that the pendulum will swing back in favor of the common person.
Politicians Red and Blue love PEU and increasingly, more are one.
