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A Guide to Limited Partner Secondary Sales for Real Estate Private Equity Investors

March 02, 2020

By Max Rosenberg

Secondary sales of limited partner (LP) interests in real estate private equity funds have been a common feature of the industry since the 2008–2009 financial crisis, when some LPs used secondary sales as a means of exiting illiquid real estate fund investments that had become distressed in the wake of the downturn.

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Image: Max J Rosenberg
Max J Rosenberg
Associate, Corporate Department