Secondary market volume has grown to record levels in recent years as LPs increasingly use the market to rebalance portfolios, not just to exit under stress.
Pricing for high-quality buyout LP interests has tightened meaningfully as bid depth expands, with the best positions clearing near par.
How to sell a tail-end LP interest in an older private equity fund: how it is priced, what transfers with it, and how the desk runs the sale.
Read the answer →Selling an LP interest that needs GP consent or carries a ROFR or ROFO: what the GP checks, what a right of first refusal does, and how the desk runs it.
Read the answer →How an estate or trust sells an inherited limited partner interest: what the buyer takes on, how the price relates to NAV, and how the sale runs.
Read the answer →Why traditional secondary advisors pass on small LP positions, how size affects GP consent, and how the desk sells a single small fund stake.
Read the answer →How a family office sells LP interests to rebalance vintage, strategy or manager concentration: how pricing varies and how a multi-fund sale runs.
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