Event Details
Liquidating A Fund: Get The Most Out Of Your Remaining Assets
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Thursday, March 27, 2008

Presented by

  • David Tegeler, a partner with Proskauer Rose and co-chair of the law firm's private investment funds group.
  • David Wachter, a founding partner of W Capital Partners, a private equity firm that acquires direct private equity investments in the secondary market.
  • Craig Marmer, a partner with Probitas Partners, who is responsible for the firm's primary fundraising project management activities as well as its liquidity management practice.
  • David Barry, managing editor of Dow Jones Financial Information Services and the session's moderator.

Summary

Increasingly firms of all shapes and sizes, both on the buyout and the venture side, are finding themselves with funds that are either on the cusp of being around for a decade or maybe even older with companies still in them. Asking LPs for an extension is an option, but there's also a feeling by you and others that closing the fund by liquidating what's left might make sense.
 
To help private equity firms successfully wind down funds, and get the most value for their holdings, Dow Jones is convening a panel of experts to discuss the best practices for doing so.
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