W Capital provides liquidity solutions for many of the world’s leading private equity firms. Over the past several years, top-tier private equity firms have embraced secondary solutions as an effective management tool, spearheading transactions for some of their best assets. We partner with control sponsors seeking to continue growing well-performing companies while selling down a minority position or providing co-investor liquidity. Benefits include capturing a gain, reducing the time pressure for a full exit and bringing on a minority partner with equity reserves for potential future expansion capital.

GP-led secondary transactions are when an asset or portfolio of assets is purchased from a fund managed by a GP and put into a new vehicle with reset economics, duration and terms for the existing GP to continue managing the asset(s) going forward. These transactions offer selling LPs liquidity while affording electing prior investors and new LPs the opportunity to back the next phase of a company’s growth.

We have expertise and case studies where we can provide you with a range of liquidity and structural options to optimize your fund cash flows and asset level returns.