The document discusses the merits of secondary investing in the private equity secondaries market, highlighting benefits such as reduced costs, mitigation of blind pool risk, mitigation of J-curve, complementing portfolio construction, and pricing flexibility. It includes a tabular representation of capital calls, management fees, distributions, and cumulative cash flows over 11 years, illustrating a hypothetical secondary transaction timing between years 3 and 4.
documents/EFTA01452268.pdf
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