WHY SEEK LIQUIDITY
IN THE SECONDARY MARKET
- Obtain cash from an illiquid investment portfolio
- Eliminate future funding obligations to private equity funds
- Rationalize tail end of private equity portfolio, raising cash and reducing administrative burden
- Rationalizing sponsor relationships, raising cash from funds where investor did not re-up in recent round(s)
- Rebalance portfolio to achieve asset allocation, liquidity objectives and/or strategy change
- Reduce private equity exposure to comply with Dodd Frank and Basel III regulations
