Secondary Sale Structuring and Execution

Greenhill Cogent combines market knowledge with unrivaled execution experience to advise institutional investors seeking to optimize the performance of their alternative asset portfolios by selling limited partnership interests on the secondary market. Each of our transactions is customized to meet the specific investor’s objectives. Our service offering encompasses every stage of the transaction, including sale portfolio construction, valuation, transaction strategy, marketing, buyer negotiations, structuring and closing. Our approach maximizes value for our clients by leveraging our extensive relationships with potential buyers located throughout the world, including both traditional buyers (such as secondary funds and fund-of-funds) as well as non-traditional buyers (e.g., endowments, foundations, family offices, pension plans, insurance companies, sovereign wealth funds, etc.). 

Greenhill Cogent has transferred over 8,000 partnership interests in the alternative asset space since inception. Whether driven by a need for liquidity or simply a desire to take a more active approach in managing their illiquid portfolio, Greenhill Cogent’s clients benefit from transactions that are highly customized around size, asset composition, portfolio composition and seller-specific objectives. Our expertise includes but is not limited to buyout, venture capital, energy / natural resources, real estate, special situations, debt, hedge, timber, and infrastructure funds. 

In addition to advising on the sale of LP interests, Greenhill Cogent has extensive experience with secondary direct transactions - assisting clients with the disposition of direct investments in operating companies rather than limited partnership interests in investment funds.