Webinar: Private Fund Focus Part I: Liquidity Strategies and Secondary Transactions

In today’s evolving venture capital landscape, fund managers and investors are increasingly seeking liquidity through secondary sales of portfolio securities and fund interests, as well as continuation vehicles and other fund restructuring transactions. Gunderson Dettmer explored the factors that influence the choice among these alternative liquidity strategies, and the mechanics, opportunities, and challenges of each.

Part I will took an in-depth look at asset-level transactions. This session covered:

• Key Considerations for Liquidity Strategies: Strategic, practical, legal, regulatory and tax considerations to weigh before selecting a liquidity strategy.

• Direct Secondary Sales: Insights into selling portfolio securities directly to buyers.

• Strip Sales: Structuring sales of partial interests in a basket of assets.

• Secondary Sales via SPVs: Leveraging special purpose vehicles to facilitate secondary transactions.

• Forward Contracts: Obtaining early liquidity while deferring disposition of a portfolio asset.

Webinar Resources

• Watch Webinar: Private Fund Focus Part II: Alternative Strategies for Unlocking LP Liquidity
• Watch Webinar: Private Company Focus: Trends and Insights on Tender Offers for Venture-Backed Companies