Sale of Orphan Asset
Investment Fiduciary
$80,000
Sale of PE Limited Partnership
October 2016
Conrad was engaged by a Fund of Funds to facilitate the liquidation of assets in an entity it intended to fully wind up ahead of 2017. After finding a buyer of the majority of these assets, the vehicle was left with a single asset.
After finding minimal interest on account of the small size, Conrad worked with a family office that had never before conducted a secondary transaction to acquire the limited partnership.