How can a limited partner bow out of a private equity fund before the partner's commitment is over? The opaque and illiquid nature of PE funds by definition makes the leave-taking difficult. Sometimes a limited partner needs the help of an outside advisor to navigate the potential landmines in the secondary market. Jean-Marc Cuvilly, a partner at one such advisor, Triago, offers a guide to the problems and the potential of looking for a buyer.
For more on this class session, see: http://knowledge.wharton.upenn.edu/pe/class-03.cfm
Can we get hold of the case as well so that it would be better in comprehending this whole discussion. any links?
itzfaizan 1 week ago