“The deal flow alone paid for the membership in the first year.”

Twelve years in private credit at a multi-family office. Joined Circle of Success initially to source better operators — to be in proximity to the founders who would, three years from now, be the founders his fund wanted to back.

What surprised him was the second-order effect. Sitting at dinner with operators across categories changed the way he asked diligence questions. The pattern recognition compounded. By his third year he had sourced eleven deals out of the room, including two of the three best-performing positions in his current vintage.

He renewed for a fourth year before his third year was even finished. He brought one of his portfolio CEOs into the room as well.