Clifford Chance
‘Decoding’ the Secondary Market Part II: Preferred Equity
11 May 2020
Investors and portfolio companies are grappling with short and medium-term liquidity challenges. There is a tension between cashflow needs of the underlying portfolios and availability of funding. Preferred equity can provide an alternative source of equity financing to bridge possible funding challenges at the fund level, either on a portfolio basis or for individual assets.
As Part II of Clifford Chance’s series on ‘Decoding’ The Secondary Market, the Secondaries team explore some of the key features of preferred equity solutions.
Related Papers
-
Liquidity and Alternatives: Exiting alternative positions for LPs
27 May 2020 -
'Decoding' the Secondary Market
2 October 2019
