- Joined
- Aug 26, 2010
- Messages
- 380
The biggest problem with limited partnerships being the lack of liquidity, does anyone know of a way to market to people who already own LP units and suddenly need to get out?
The Globe and Mail just had a big article on this practice at the 7 figure dollar level, about other LP's raising billions of dollars to try and purchase large dollar value holdings from high-net worth or other private equity sellers looking to sell in what they called the private equity secondary market. I have read of people in the US who have gotten very very wealthy following this model targeting the small private retail client, the mom and pops who can't get their money out and suddenly need it.
Other than being somehow intimately connected with an actual LP and offering to provide discount liquidity to their own client list, which they probably (or almost certainly) don't want to share, is there a way I can market to those people? Is there a public registry of investors in a fund?
If there isn't, how are deals being done at the high level?
Thomas, you are probably the only person in REIN who can provide a meaningful response here, so thanks as always in advance. And congratulations on what sounds like a great exit on your Abbotsford property, what I learned in January was that the number of zeros is irrelevant, its the same principles all the way up.
Tris
The Globe and Mail just had a big article on this practice at the 7 figure dollar level, about other LP's raising billions of dollars to try and purchase large dollar value holdings from high-net worth or other private equity sellers looking to sell in what they called the private equity secondary market. I have read of people in the US who have gotten very very wealthy following this model targeting the small private retail client, the mom and pops who can't get their money out and suddenly need it.
Other than being somehow intimately connected with an actual LP and offering to provide discount liquidity to their own client list, which they probably (or almost certainly) don't want to share, is there a way I can market to those people? Is there a public registry of investors in a fund?
If there isn't, how are deals being done at the high level?
Thomas, you are probably the only person in REIN who can provide a meaningful response here, so thanks as always in advance. And congratulations on what sounds like a great exit on your Abbotsford property, what I learned in January was that the number of zeros is irrelevant, its the same principles all the way up.
Tris
