SAVAS Capital Marketplace, a leader in cross-border investment solutions, has consummated an agreement with Palico, a top player in secondary market transactions, to significantly expand its reach to prospective buyers of private investments on the Secondary market.
NEW YORK, Jan. 15, 2025 /PRNewswire-PRWeb/ -- SAVAS Capital Marketplace, a leader in cross-border investment solutions, has consummated an agreement with Palico, a top player in secondary market transactions, to significantly expand its reach to prospective buyers of private investments on the Secondary market. Through its partnership with Palico, the Savas Capital Marketplace will increase its access to over 1,800 secondary and non-traditional buyers of private investments, providing enhanced opportunities for both buyers and sellers.
Unlike primary investments, where investors commit capital directly to new funds, Secondary transactions involve transferring existing fund commitments between investors. Traditionally, sellers have relied on financial intermediaries such as agents or brokers to manage these transactions, a process often characterized by high fees, limited transparency, and operational complexities. SAVAS Capital Marketplace streamlines this process through an auction-based platform, inviting multiple buyers to bid publicly on private fund investments. This competitive, transparent approach maximizes sale prices by leveraging market dynamics and fostering a psychology of competition, offering sellers a superior solution for managing their portfolios.
"In our meetings with Korean institutional investors in Seoul last quarter we identified a significant demand for the sale of specific investments on our platform", says Alan McGlade, a U.S. Partner at SAVAS Capital. "Our partnership with Palico ensures that our clients will receive the broadest possible market coverage for their assets."
Kaine Kim, Savas' Korean Partner, adds, "One of the unique strengths of the SAVAS platform is its ability to service the full spectrum of our client's needs. Investors can access leading Private fund Solutions managed by high quality U.S. Managers through the SAVAS Capital Marketplace and also leverage an efficient, reliable vehicle for exiting Private, illiquid investments."
About SAVAS
The SAVAS Capital Marketplace is a leading cross-border investment platform providing Korean financial institutions with investment solutions managed by high quality U.S. private investing fund managers and offering liquidity solutions for overseas private investments. Our Seoul-based team collaborates with Korean institutions to establish key investment criteria for single strategy or multi-strategy funds and provides comprehensive post-investment support. Experienced investment teams in our New York and Boston offices design investment solutions to meet these criteria and source, onboard, and monitor managers during the implementation phase. For Korean institutional investors seeking liquidity, our secondary marketplace provides a superior solution for selling private funds and direct investments. Managed through a secure online platform, SAVAS Capital Marketplace streamlines research, subscription, and reporting for fund investments, and enables liquidity in the secondary market for investors looking to rebalance their portfolios.
About Palico
Palico (https://www.palico.com/) is a premier online marketplace for buying and selling LP-led secondaries, especially for smaller fund positions. It standardizes and streamlines the process for investors looking to buy and sell positions across all strategies and regions.
For more information on the SAVAS Capital Marketplace and the SAVAS team visit savasmanagement.com.
Media Contact
Alan McGlade, SAVAS Capital, LLC, amcglade@savasmanagement.com, https://savasmanagement.com/
SOURCE SAVAS Capital, LLC
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