Optimize Your Fund's End-of-Life Strategy
We acquire residual positions from illiquid funds, enabling efficient fund liquidation and maximizing value for LPs.
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Cost Efficiency
LP Value Maximization
Carried Interest Resolution
Case Study
The maturity of Fund XYZ has already been extended twice already and the managers are considering a transfer of the residual assets to a trust structure. he remaining portfolio comprises three positions: two marked at zero with minimal recovery potential, and one valued at $0.5M with uncertain liquidity prospects.
Strategic Considerations:
- The current structure encompasses multiple investment vehicles (funds, SPVs, GP entities) each incurring substantial legal, administrative, and compliance costs. While a trust structure would reduce expenses, it would not remove all overheads.
- Limited Partners' investment vehicles (SPVs and feeders) also bear ongoing operational costs that now exceed their pro-rata share of residual NAV on an annualized basis.
- Significant carried interest remains restricted in reserve accounts pending complete structure wind-down
- The portfolio's limited scale and upside potential preclude institutional buyer engagement, as due diligence costs outweigh potential returns.
Our streamlined operational model and proprietary processes enable value creation in positions typically overlooked by traditional secondary buyers. This approach allows us to structure exits that align interests across all stakeholders, including issuers of the residual securities we purchase.