Offshore
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The Long Investor
$BTC the comments under this chart from the middle of March 😂
I brought you up and I said I’d guide you down
Once the pull back is complete, $BTC moves higher again.
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$BTC the comments under this chart from the middle of March 😂
I brought you up and I said I’d guide you down
Once the pull back is complete, $BTC moves higher again.
$BTC I brought you up from $19,000 to $73,000
Now I'll bring you down.
This pull back is an opportunity, when this ABC correction is complete, $BTC will start its next aggressive move up. https://t.co/7zGJoZ1ZFV tweet
Offshore
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The Institutional Limited Partner
RT @BoringBiz_: Private equity secondaries growing at a 17% CAGR from 2016 to 2023
For those unfamiliar, secondaries are a way to realize returns in illiquid asset classes such as private equity
There are primarily two types of secondary transactions
> GP Led Secondaries
Scenario: you have owned a fantastic company in your portfolio for 5 years and the fund life is coming to an end. Your LPs are asking for their money back but you know that holding on to this company for another 5 years is going to produce even more incredible returns
In a General Partner Led Secondary, the investor transfers an asset from one fund to a continuation vehicle that holds the asset
The continuation vehicle is a fund that is solely dedicated to holding just the asset
By doing this, the investor is retaining a stake or control of the company while also being able to recognize returns for his LPs
Existing LPs might also have the option to roll over their existing stake in the asset into the new continuation vehicle
> LP Led Secondaries
Scenario: you are an LP in a private equity fund that holds a lot of great assets. The fund life is 7 years. It is currently year 3 but you need liquidity today. You know the asset values inside this fund have appreciated so you go and look for a buyer that can buy a portion of your stake
LP led secondaries allow LPs to sell a stake in the private equity fund, essentially gaining liquidity in an otherwise illiquid market (private equity)
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RT @BoringBiz_: Private equity secondaries growing at a 17% CAGR from 2016 to 2023
For those unfamiliar, secondaries are a way to realize returns in illiquid asset classes such as private equity
There are primarily two types of secondary transactions
> GP Led Secondaries
Scenario: you have owned a fantastic company in your portfolio for 5 years and the fund life is coming to an end. Your LPs are asking for their money back but you know that holding on to this company for another 5 years is going to produce even more incredible returns
In a General Partner Led Secondary, the investor transfers an asset from one fund to a continuation vehicle that holds the asset
The continuation vehicle is a fund that is solely dedicated to holding just the asset
By doing this, the investor is retaining a stake or control of the company while also being able to recognize returns for his LPs
Existing LPs might also have the option to roll over their existing stake in the asset into the new continuation vehicle
> LP Led Secondaries
Scenario: you are an LP in a private equity fund that holds a lot of great assets. The fund life is 7 years. It is currently year 3 but you need liquidity today. You know the asset values inside this fund have appreciated so you go and look for a buyer that can buy a portion of your stake
LP led secondaries allow LPs to sell a stake in the private equity fund, essentially gaining liquidity in an otherwise illiquid market (private equity)
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Offshore
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Q-Cap
Me taking my kid to the local Dave and Buster to place some chips https://t.co/MNqTHMdpbx
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Me taking my kid to the local Dave and Buster to place some chips https://t.co/MNqTHMdpbx
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Offshore
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Offshore
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The Institutional Limited Partner
RT @brentmuio: I'm hiring a Private Assets Analyst. The role covers PE, Infra, Credit and RE
We're a $10B pension fund in Winnipeg Canada. We are allocators but differentiated with a large discretionary co-invest/co-underwrite program
Position in local, no remote. Send interest my way pls 🙏
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RT @brentmuio: I'm hiring a Private Assets Analyst. The role covers PE, Infra, Credit and RE
We're a $10B pension fund in Winnipeg Canada. We are allocators but differentiated with a large discretionary co-invest/co-underwrite program
Position in local, no remote. Send interest my way pls 🙏
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