AMID THE FINANCIAL GLOOM, HOPE FOR GP’s AND LP’s IN ILLIQUID FUNDS
07/04/2020
One of the sectors with plenty of uncertainty, decline in investor confidence as well as liquidity needs is the private fund market, no matter whether we are talking about Hedge Funds, Private Equity and Venture Capital Funds, Private Credit Funds, Real Estate Funds or other fund structures.
Agora Private Markets (“APM”), an intermediary for illiquid and private market assets, is therefore proud to announce the successful closing of an asset backed credit facility for a European Real Assets Fund (“Fund”). The facility will enable the Fund to react to market movements more quickly. This is just one example of Agora’s liquidity services for General Partners (“GP”) and their investors (“LP”) across asset classes and jurisdictions.
“APM is here to help; we consider ourselves a trusted and experienced partner in working closely with both GP’s and LP’s in seeking the most appropriate course of action given their particular circumstances, APM’s Jatin Tosar stated that “Our aim is to make the whole process efficient and impartial.”
“Since the crisis started, we have seen a sharp increase in enquiries for creative liquidity solutions, whether that be on the LP level, GP level or asset level, including the takeover of unfunded commitments, secondary transactions, strip sales, preferred equity solutions, credit facilities and removal and/or restructuring of problem assets affected by the current crisis,” he added.
As well as its extensive suite of services, APM also presents GP’s with a very attractive value proposition: we shoulder the burden that comes with managing liquidity needs that so often frustrate GP’s and LP’s that are trying to disentangle themselves from what is already a challenging situation.
The company also prides itself on a “no job too small” approach, described Mr Tosar. “At APM, we are able to offer an unparalleled level of flexibility and access - we have no minimum trade size and are able to trade even the smallest amounts.” He added that APM has unique access to a diversified range of investors to help achieve optimal pricing levels for all parties.
“We have surprised many industry participants with the positive level of solutions we have attracted and delivered for our clients,” he said.