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How LPs Use Secondaries for VC Portfolio Liquidity

How LPs Use Secondaries for VC Portfolio Liquidity

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In this episode of The Venture Capital Investor Podcast, Lucas and Luna explore how limited partners are using secondary markets to sell their VC fund stakes for liquidity. They walk through a real-world example: a 2018 vintage fund stake that an LP sold on a secondary platform at a 12% discount to NAV. The hosts explain the mechanics of GP-led versus LP-led secondaries, the role of intermediary platforms like Forge Global and CartaX, and how LPs evaluate pricing. They also discuss the growing trend of dedicated secondary funds and what it means for portfolio construction. Perfect for LPs looking to understand a critical liquidity tool in venture capital. #LPs #VentureCapital #Secondaries #PortfolioLiquidity #PrivateEquity #GPledSecondaries #LPledSecondaries #ForgeGlobal #CartaX #NAV #VintageYear #FundStakes #LiquidityManagement #Finance #FexingoBusiness #BusinessPodcast #Fexingo #TheVentureCapitalInvestorPodcast Keep every episode free: buymeacoffee.com/fexingo
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