Recent Trends in Secondary Transactions

April 2, 2009 – April 4, 2009
Speakers:
Larry Jordan Rowe

Many institutional investors today are overcommitted to the private equity asset class, or are facing liquidity constraints in satisfying their capital commitments to private equity funds. One common solution to this problem is a secondary sale of limited partner interests. Please join us for a teleconference that will address the following topics:

  • What is the current state of the market? Are deals getting done? What are the typical discounts to NAV? Who are the typical buyers?
  • An examination of the three basic types of secondary transactions (straight sales, structured transactions and synthetic sales).
  • Commercial and legal issues to be aware of as you consider, structure, or execute a secondary transaction.

Ropes & Gray Speakers

Larry Jordan Rowe
Larry Jordan Rowe
Retired Partner