Single Asset Secondaries
Outside of providing liquidity to someone with a stake in the firm rather than directly investing in the firm, is there any difference between single asset secondary and direct investing? (voting rights, etc)
Outside of providing liquidity to someone with a stake in the firm rather than directly investing in the firm, is there any difference between single asset secondary and direct investing? (voting rights, etc)
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aaa123aaa, bummer your thread hasn't had a response yet. Sometimes bots are smarter than humans anyways:
Hope that helps.
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Several differences here including: secondaries investors in these are typically passive (GP is usually maintaining control), investors are paying economics to the GP (management fees and carried interest), and due diligence for these deals does not get as in the weeds as a traditional direct PE deal
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