The document discusses the attractiveness of secondary investments in private equity portfolios, highlighting their ability to complement primary investments, provide pricing flexibility, mitigate blind pool risk, and reduce the J-curve effect. It also outlines the illiquid nature of private equity assets and the opportunities in the secondary market due to industry dynamics.
doj/DataSet10/EFTA01391125.pdf
{"document_type":"other","document_subtype":"Confidential Private Placement Memorandum","key_organizations":["Glendower Capital","Third Lake Capital"],"reference_numbers":["DB-SDNY-0095879","SDNY_GM_00242063","EFTA01391125"]}