CRESTLINE FUND LIQUIDITY SOLUTIONS
Crestline's Fund Liquidity Solutions Group provides bespoke financing solutions to mature private equity funds, private assets trapped in vehicles seeking liquidity and investment vehicles requiring restructuring and/or additional management support. These financing solutions are designed to meet an array of investor, manager and portfolio company’s needs including liquidity and follow-on growth capital.
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Preferred equity and structured credit solutions for GPs/Fund Managers seeking capital secured by portfolio assets
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LP or GP led fund restructurings
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Direct secondary purchases of tail-end assets
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Replacement GP or Co-GP engagements
Portfolio Financing: Crestline’s Portfolio Financing strategy provides bespoke financing to allow private equity managers to provide liquidity to their LPs or provide selective follow-on growth capital to portfolio companies, which may enhance the future NAV of the fund that receives financing. Portfolio financing provides a means by which the manager can provide liquidity to existing LPs without prematurely selling portfolio companies, which may enhance the IRR and DPI of the fund receiving financing. Portfolio financing also allows private equity managers who no longer have the ability to call capital to meet the follow-on capital needs of their portfolio companies without diluting current LPs. Lastly, portfolio financing can also be deployed by younger funds directly to non-creditworthy companies in the portfolio with an enhanced support or guaranty from the fund.
Fund Restructuring: Crestline’s complementary Fund Restructuring strategy provides custom restructuring solutions with enhanced governance designed to satisfy the various needs of PE funds and their stakeholders, including liquidity solutions for LPs desiring an exit, follow-on capital for portfolio companies, balance sheet restructuring, and additional management support for the enhancement of asset values.
For more information, please contact David Philipp, dphilipp@crestlineinc.com or Amit Mahajan, amahajan@crestlineinc.com
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