Tangible
Advisory and Custom Liquidity Solutions/Feeder Funds/1.4.1 Tail-End Feeder Liquidation

Turn a mature feeder portfolio into an executable liquidity event

As feeder funds mature, the cost and complexity of maintaining the vehicle can become disproportionate to the remaining NAV.

Tangible assesses the remaining assets, likely secondary value and execution constraints, then runs a coordinated process to monetize the portfolio where a sale is the right outcome.

Process

Six steps to wind-down

01Assess the remaining portfolio
02Underwrite market value and buyer demand
03Coordinate with underlying GPs
04Aggregate positions where appropriate
05Run the sale process
06Coordinate transfers and vehicle wind-down
Review a tail-end feeder