GOOD BULL
CAPITAL
Grab the Bull by the Horns!
Partners
LUKE CHEATHAM
FOUNDER, CEO
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Entrepreneur and Certified Family Business Specialist
Luke Cheatham is the founder & President of Good Bull Investments (GBI) and Diamond Client Group (DCG). Prior to GBI, Luke spent the last 20 years building, growing, and improving the performance of small and medium businesses in Texas as an owner of multiple ventures and a well-recognized strategic financial planning advisor.
Texas A&M Alumnus
ETHAN GAO
PARTNER, GENERAL COUNSEL
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Attorney, Private Lender, and Real Estate Investor
Gao’s corporate experience includes representing private equity sponsors and their portfolio companies, as well as several years as in-house counsel for a mutual fund and a hedge fund, and 4 years as a senior associate at the Houston office of Latham & Watkins focusing on oil and gas transactions.
Cornell and Columbia Law School Alumnus
TERRENCE MURPHY SR.
PARTNER, REAL ESTATE EXPERT
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Terrence Murphy is a partner at Good Bull Capital. After retiring from the NFL, real estate became his main focus and passion. He became a serious investor in the Texas real estate market. He has led multiple development and acquisition companies to multi-million dollar revenues and over 1000+ bed portfolios. He currently owns 20+ companies under the Terrence Murphy Companies brand and is an investor in 30+ more as a venture capitalist.
FUND ONE OF GOOD BULL INVESTMENTS, L.P.
The Good Bull Investments, LP (Fund 1) was launched to maximize high-value targets within 3 asset classes in which GBI possesses immense expertise.
The fund focuses on Mature Businesses as the preferred holding in order to drive returns. When available, the fund will also look to seed certain Real Estate development when it can obtain an equity return while mitigating downside risk.
Mature Business
- High collateral requirement, senior liens on assets
- Profitable businesses with 30%+ IRR opportunities identified
- Value-added through tax reduction, marketing, technology, operational efficiencies, M&A consulting
Private Credit
- Minimum 25% of Fund 1 invested with Good Bull Lending, receiving highest preferred return offered (currently 8% APR)
- Leverage LOC established (10:1 expected) against loan allocation to provide strong liquidity atypical of private equity
Real Estate
- Provide bridge equity between traditional financing and developer equity
LP Agreement Terms
- Minimum $100k investment
- 7% hurdle rate before GP earns performance fee
- 2% management fee assessed annually
- 20% performance fee for profits earned above the hurdle
- Fund 1 receives the highest preferred return of 8% from Good Bull Lending
- Closed fund format
Compensation Example
- General Partner (GP) grows the fund by 20%. The fund grows from $100M to $120M
- 2% management fee throughout the year. Average NAV would be $110M = approximately $2.2M in fees leaving $117.8M in the fund
- 7% hurdle rate means the first 7% of profits are not subject to the performance fee. First $7M of profit not subject to a performance fee.
- $17.8M – $7M = $10.8M subject to 20% performance fee or $2.16M in performance fees assessed.
- $17.8M – $2.16M leaves $15.64M in total gains after fees which is a 15.64% simple NET return.
We provide investors the opportunity to acquire minority ownership stakes in some of the world's best private asset managers.
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You Know We Have a Vested Interest in Your Success.
We always invest our own money first.