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How Does a Manager Handle Disposal of Non-Liquid Assets Following Fund Completion?

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Jul 20, 2023

What happens in the event that an investment is made in a company, but there is no liquidity event for that equity (or token) by the time the fund term has finished? Said another way, how do we manage the disposal of non-liquid assets after comple...

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The LPA specifies the conditions for what will take place at the end of the fund life. The options are: extend the fund life by 1 or 2 years, distribute the remaining interest to LPs, or liquidate the fund via a secondary transaction. Ty...