Vintage Secondary Funds Working For You
- Acquire interests in venture funds from limited partners
- Reduce legacy venture relationships, and generate liquidity from an illiquid asset with an uncertain liquidity timeline
- Rebalance asset portfolios in times of market volatility
- Offload any unfunded commitments in the event of liquidity constraints
- We acquire individual company holdings and tail-end funds, as well as provide creative liquidity solutions for follow-on financings requirements
- Benefits include distributing cash proceeds to investors as opposed to in-kind stock
- Lock in gains from highly valued company financings, in turn improving returns for your investors
- Clear visibility into follow-on capital allows managers to protect ownership in their most promising companies while displaying a strong commitment to their founders
- We acquire holdings in startups from founders, senior management and former employees
- Founders and management gain partial realization for holdings, while maintaining ‘skin in the game’ and upside in a venture
- Double-down the focus on building a large company by relieving financial pressure
- With company support, former employees can reap the value of their hard work by selling shares to a third party, avoiding the risk of dilution and gaining certainty of outcome
- We acquire individual company holdings and whole portfolios, as well as provide creative liquidity solutions for follow-on financing requirements
- Benefits include realizing gains in valuation, avoiding the risk of dilution and gaining certainty of outcome
- Clear visibility into follow-on capital allows angels to protect ownership in their most promising companies without committing additional personal resources and to convey a strong commitment to founders