We buy limited partnership interests, LLC units, and fund positions directly from holders who need liquidity before a distribution or wind-down. No intermediaries.
No intermediaries. Institutional buyer. Principal-led.
Selling before year-end? How transfer timing affects a 2026 loss
Positions of $100,000 and above
Direct, principal-led, and confidential.
We are a principal-led buyer that acquires LP and fund interests directly from holders who need liquidity before a distribution or wind-down. We evaluate each position on its structure, vintage, and remaining hold period, provide a non-binding indication of interest, and manage transfer documentation through to closing. Minimum $100,000.
Every position reviewed individually.
Direct decision-making.
Coverage across all 50 states.
Each position submitted is reviewed individually, with direct decision-making by a principal.
Where a position fits our focus, we provide a non-binding indication of interest.
If terms are agreed, we handle transfer documentation through to closing.
Usually, yes. An LP interest can be sold to another buyer in a secondary transaction before the fund reaches the end of its term. Most partnership agreements require general partner consent and some include a right of first refusal, so the sale runs through those provisions. Secondary buyers typically purchase at a discount to net asset value in exchange for liquidity ahead of the fund's schedule.
Start with a brief description of the position in the form above: the fund name, your interest type, and approximate size. If we proceed, we will ask for your limited partnership agreement, your most recent capital account statement or K-1, and the fund's latest quarterly report. Where the position fits our focus, we provide a non-binding indication of interest, and if terms are agreed we handle the transfer documentation and general partner consent process through to closing.
We review interests across private equity, real estate, venture, and hedge fund structures, including fund of funds interests. The position needs to represent a documented economic interest with clear ownership.
We consider positions with an estimated value of $100,000 or above.
Most fund agreements include right-of-first-refusal or general partner consent requirements. We are familiar with these structures and work within them. Include any relevant information from your fund agreement in your submission.
Your contact information and a brief description of the position — fund name, your interest type, and approximate size. We will follow up if we need additional documentation.
Positions of $100,000 and above, reviewed by a principal.
Return to the review form