Limited Partners who have successfully used Secondcap’s platform to buy and sell fund interests comment here on the SecondaryNet process:

 

  1. Why did you choose to use SecondaryNet?
    • Broad range of traditional and non-traditional buyers represented on the platform (with the bulk of them interested in our segment) which allowed us to select the appropriate group of counterparties to work with
    • Innovative approach with centralized electronic platform
  2. What were the main advantages of using SecondaryNet?
    • The diversity and number of buyers provided an effective way to run an efficient auction process
    • Entire process managed and centralized on the platform
    • Technical and professional support in all steps of the sale process
  3. How did the General Partners of fund interests sold find Secondcap’s services in your view?
    • All of them were happy with the services provided by Secondcap
  4. How happy were you with the range and quality of buyers on the platform?
    • Happy with the universe of buyers active on the platform. We considered this as one of the main advantages of the platform (since it would be hardly possible for a classic intermediary to approach them so quickly and on a confidential basis)
  5. Would you use SecondaryNet again?
    • Yes
- A Seller (November 2011)

 

  1. Why did you choose to use SecondaryNet?
    • Gave us access to a wide range of qualified buyers
    • Makes the process more efficient as we could manage the whole transaction in one place
  2. What were the main advantages of using SecondaryNet?
    • It is a cost effective way of reaching an active pool of buyers
    • It reduced the amount of time spent on administering the transaction
    • The professional service of Secondcap throughout the process
  3. How did the General Partners of fund interests sold find Secondcap’s services in your view?
    • The GP wanted to make use of Secondcap because they saw it as a useful opportunity to diversify the LP base
  4. How happy were you with the range and quality of buyers on the platform?
    • Very impressed and we were able to gain access to new LPs
  5. Would you use SecondaryNet again?
    • Definitely
- An Intermediary (January 2012)