GENERAL PARTNERS
Liquidity: it is an important element for every manager of alternative assets funds, but it can often be the most challenging type of service to provide. Alternative funds, like private equity, private debt, private real estate and fund-of-funds, are usually structured as illiquid investments.
GENERAL PARTNERS
The reasons why a General Partner (GP) may want to exit a fund can vary wildly, from limiting the losses from a non-performing investment, to optimizing investor relationships or seeking an edge for fundraising efforts.
BEN PERSPECTIVES SERIES
As Ben’s President and Chief Fiduciary Officer, Derek Fletcher discusses how his team has established a framework that is underpinned by rigorous fiduciary principles, but still flexible enough to bring new, innovative solutions to market for our customers. In a recent interview, he shares his perspective on Ben’s accomplishments thus far and his vision for what’s next.
GENERAL PARTNERS
A nervous Limited Partner (LP) can throw a wrench into a General Partner’s (GP) best-laid plans for launching a new fund or restructuring an existing one. When the hypothetical firm featured in this fund restructuring use case scenario, Venture Capital GP A, faces a challenge with liquidity, it decides to work with a provider to develop secondary liquidity solutions that satisfy the needs of both their LPs and the GP.