The document discusses the attractiveness of secondary investments in private equity portfolios, highlighting benefits such as pricing flexibility, mitigation of blind pool risk, and mitigation of the J-curve effect. It also outlines the secondary market investment opportunity, noting the illiquid nature of private equity assets and the dynamics creating opportunities for secondary purchases.
documents/vol00010-efta01354683-pdf.pdf
{"title":"Glendower Capital Secondary Opportunities Fund IV, LP","document_type":"financial","document_subtype":"Private Placement Memorandum","key_organizations":["Glendower Capital"],"reference_numbers":["DB-SDNY-0039279","SDNY_GM_00185463","EFTA01354683"]}