In a traditional Private Equity fund, investors will wait five to ten years before the fund is liquidated and their capital is returned. So if an investor wants or needs to liquidate their position early, the only way they can achieve this is by selling their position to another interested investor who would simply take their spot. This is known as a secondary transaction.
Follow CAZ Investments
LinkedIn: www.linkedin.com/company/caz-investments-lp
Twitter: x.com/ChristopherZook
Website: cazinvestments.com/strategy/secondaries/
About Us:
CAZ Investments provides Exclusive Access to Unique Alternatives. The firm was founded in 2001, with the backing of several prominent Texas families, to identify exceptional investment opportunities for the personal capital of the shareholders, and then invite its global network of investors to participate. CAZ Investments distinguishes itself from many other investment management companies in several ways. First, the firm always invests its own capital alongside its Partners, with over $650 million committed to its investment vehicles. Second, due to the scale of its Network, CAZ has access to opportunities that would typically be unavailable to investors with less than $100 million to $200 million to invest in a single opportunity. Finally, the Firm is always the first investor, and typically the largest, in every vehicle with a significant portion of CAZ's compensation is only received if the investor makes a positive return. In many cases, if investors do not make a profit, CAZ does not get paid.