Private Equity: Perspectives of Limited and General Partners - Jean-Marc Cuvilly, Triago
Vložit
- čas přidán 16. 06. 2024
- How can a limited partner bow out of a private equity fund before the partner's commitment is over? The opaque and illiquid nature of PE funds by definition makes the leave-taking difficult. Sometimes a limited partner needs the help of an outside advisor to navigate the potential landmines in the secondary market. Jean-Marc Cuvilly, a partner at one such advisor, Triago, offers a guide to the problems and the potential of looking for a buyer.
For more on this class session, see: knowledge.wharton.upenn.edu/pe...
#private #equity #documentary #Wharton
Great information on the secondary market of the PE world... I shared your video with a business associate who needed advice. Thanks!
Hey you guys do a great job sharing content through CZcams and Coursera and probably a lot more channels. Just wanted to say, Thank you! Hopefully, this generous sharing continues in the future.
Thank you, we appreciate the feedback! You're correct, we are also on Twitter, Facebook, LinkedIn, and Google+. Hope to see you there.
Very interesting class! I enjoyed how Mr. Jean Marc Cuvilly had an open dialogue which flowed based on the students thoughts.
Triage : an excellent discussion . Thank you , and ascend in peace j.m. Cuvilly
@itzfaizan Although the case materials are not available, there is additional information on this class session at the link at the bottom of the video description. Hope this helps.
The link is no longer working. can you please share if it still exits somewhere?
This one is super hard. Without any concepts clearing and other information, it is hard.
The whole truth is priceless. Not just quarterly.
I think long term valuation of the stock in comparison with short term interest, timing in regards especially with reputation.
If The growth after x is what is earned, are the same board members in charge?
What variables are you working with if a rival company has the portfolio?
Could someone maybe provide the example case of Lago Endowment?
1:04:24 great question 💯 currently March 22, 2023
3/22/23
Can you raise capital for your portfolio then lose it because of price coding?
Can we get hold of the case as well so that it would be better in comprehending this whole discussion. any links?
really need the slides
Is pricing color coded?
Nice
Is an MBA with a finance focus the wiser choice when choosing to go into private equity?
No. Leading Masters in finance
Are there board members with direct influence on timing,reputation,confidentiality? Which of course affect pricing.
New to class however.
I think misrepresenting the information in general does nothing to clear confusion.
Top chad
What if you buy bane 10 but receive something else?
It seems to me that a long term investment would be more valuable than a short sell.
What is needed to own your own portfolio?
Cash
could anyone tell me how to get the 8% of discount to total exposure?
It is just the discount to NAV. When buying a fund on the Secondary market, the buyer will often negotiate a discount.
However, some of the premier funds have actually been sold at a premium recently (another indicator the market is overheating!)
the total exposure is 44/50=88%, the discount shouldn't be 12%?
@@user-lp6ye7ro2i The total exposure is actually 46/50 = 92%, the seller is getting 6MM because he put up 2MM after record date, so it is actually selling at 4MM, therefore the discount is 8%
The total exposure is actually 46/50 = 92%, the seller is getting 6MM because he put up 2MM after record date, so it is actually selling at 4MM, therefore the discount is 8%
Just coming from the viewpoint of say yada yada.
Gwen 4th admendment University=+=sPrincetonY'U
I want to thank you for this video that is absolutely impossible to understand (was) because now I can simply type: who is fund to fund guys? in chat gpt and its actually make sense :D
Gwen 4th admendment University=+=sPrincetonY'U //nd.D
AreiL'a/NZ/nation'Y //nd.D
nazard/enoighTh:H
Written INdependentialLy>./:APProvied/DEiligatELY:s B1995 AdministrativeR QQWOiP: lawQ ?//nd.D
Did ISymboL A - think Both I TSymBoL-thinKBotH/SymbOL tHinK/ they are captiviations-sd.w //nd.D
nazard/enoighTh:H //nd.D