The Laidlaw Private Equity ‘Private Stakes’ Program
As companies wait longer for an IPO or other liquidity events, the need for alternative liquidity opportunities for employees and ex-employees grows
An evolving landscape for private share transactions whereby our proprietary funds identify and enter into contracts with existing stakeholders to facilitate a transfer of private stock from the stakeholder to our funds subject to the approval of the issuer
Provides qualified investors access to an asset class not typically available to them
Qualified investors must have long-term objectives the ability to sustain both a lack of liquidity and almost no issuer transparency
Mutually beneficial access to investment opportunities and financial liquidity from a ‘stakeholders-only’ group of Issuers, on the one hand and an exclusive ‘members-only’ cadre of qualified investors, on the other hand
Because Issuers, on average, are staying private longer, a larger amount of value captured in private over public markets
The SPVs strategically ‘target’ a limited number of portfolio securities in each vehicle with the goal of providing a shorter investment and liquidity horizon than typical private equity and venture capital funds