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Aditya Khanna

Aditya Khanna

Sep 3, 2026

17:31
So the
17:32
quality is not good enough.
17:33
Some investors are looking at this, I think, more as a check-the-box approach in primary where, you know, when an LME is not staring you in the face, it's like, okay, I need an allocation of this deal.
17:42
Let's just deliver the weak J.Crew. It's still got to be worth something, like in the spectrum of how much value can ultimately be leaked.
17:50
Having a weak J.Crew blocker is still better than not having a J.Crew blocker.
17:54
It involves some structuring around it.
17:56
And Aston Martin is...
18:38
They're relatively well known, I think, in our industry, but they're not the only types of LME blockers out there, right?

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