SECONDARY TRANSFERS

MAXIMIZING VALUE IN A HIGHLY INEFFICIENT MARKETPLACE

With 25 years of activity within the private equity fund community, Triago is recognized as one of the leading specialized agents for secondary transactions. We act exclusively as sell-side advisors, providing tailored services on everything from straight fund portfolio sales to structured liquidity solutions and direct secondary transactions.

Leveraging market intelligence and investor relationships from our primary fundraising activities, Triago is in permanent contact and has developed strong relationships with a wide universe of 400+ potential buyers with diverse investment profiles and appetites. Beyond mainstream secondary specialists, Triago has built a broad, global network of investors with an opportunistic approach to the secondary market. They use secondaries as an integral part of their overall portfolio construction.

We help our clients crystallize value, clean-up non-core positions, reposition portfolios, improve the liquidity profile and duration of an overall program, release unfunded commitments and make room for new investment capacity.

HOW WE WORK

ENSURING THE BEST SOLUTION AND PRECISE EXECUTION

We use continuously updated pricing points from transactions on a wide variety of private equity funds, as well as proprietary “wish-lists” from hundreds of buyers, detailing interest in thousands of specific funds, to identify the most relevant buyers, as well as outlier pricings and promising secondary transfer options for our clients.

We recommend and then execute, in line with our clients’ investment goals, block transactions, targeted auctions, fast-track single fund sales, structured solutions, or gradual portfolio sales that take advantage of opportunistic timing. We support our clients throughout the secondary transaction process, ensuring utmost discretion, timely execution and smooth coordination of all key steps of the transaction.

Triago’s targeted approach consists in bringing qualified opportunities to motivated, select buyers who are likely to dedicate maximum attention and effort to evaluation, thereby optimizing chances for best pricing. By running an orderly and unobtrusive process, we also ensure that General Partners are comfortable with the transaction and cooperate in discussions when needed.

The secondary transfer services described above are provided in the USA by Triago Americas, Inc. member FINRA/SIPC.

REPRESENTATIVE FUNDS TRANSFERRED

TRIAGO HAS TRANSFERRED OVER 2,600 PRIVATE EQUITY POSITIONS