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Liquidity Solutions
SJKP LLP offers leading legal counsel in the dynamic and rapidly evolving secondary market, guiding clients through innovative liquidity solutions and complex fund restructuring transactions across the globe. With unmatched experience in secondaries, continuation funds, GP-led recapitalizations, and LP portfolio sales, we deliver strategies that balance immediate liquidity with long-term value creation. Our global team combines commercial pragmatism with regulatory sophistication, ensuring that every deal is structured to withstand scrutiny and maximize opportunity.
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1. Liquidity Solutions and Secondaries Market Leadership
The secondary market has become one of the most dynamic segments of the investment industry, offering fund sponsors and investors new pathways to unlock liquidity and realign portfolios. With a global footprint and an early-mover advantage, SJKP LLP has consistently been at the forefront of this evolution, advising clients in the U.S., Europe, Asia, and beyond. Our attorneys bring decades of experience to transactions ranging from continuation vehicles to GP-led restructurings, ensuring deals are executed with precision and transparency.
Liquidity Solutions and Continuation Funds
Continuation funds have emerged as a vital mechanism for extending fund life while unlocking embedded value for both sponsors and investors. We guide sponsors through these transactions, balancing fiduciary duties, valuation complexities, and LP expectations. By structuring continuation vehicles that align economic interests across stakeholders, we enable clients to preserve strategic assets while providing existing investors with clear liquidity options.
Liquidity Solutions and GP-Led Recapitalizations
Recapitalizations are among the most complex liquidity solutions, requiring careful negotiation with incumbent LPs and the onboarding of new capital providers. We advise fund sponsors on deal mechanics, disclosure obligations, and governance structures to ensure legal clarity and commercial alignment. Our role is not just to document the transaction but to position it for long-term resilience against investor and regulatory challenges.
Liquidity Solutions and LP Portfolio Sales
From traditional LP stake sales to innovative structured transactions, we advise sellers and buyers on pricing mechanisms, diligence strategies, and risk allocation. Our attorneys manage negotiations that protect both financial returns and reputational standing, while anticipating regulatory inquiries across multiple jurisdictions. With deep experience in competitive auction processes, we ensure clients achieve liquidity without compromising long-term investor relationships.
2. Liquidity Solutions and Cross-Disciplinary Execution
Liquidity solutions rarely fall neatly into one legal category. They require integrated expertise across tax, regulatory, corporate, and M&A disciplines. At SJKP LLP, our attorneys collaborate seamlessly across practice groups to anticipate risks, resolve conflicts, and deliver seamless closings on even the most complex secondaries. We understand that liquidity events can reshape fund structures, investor dynamics, and future strategies, and we design solutions that work holistically.
Liquidity Solutions and Preferred Equity
Preferred equity solutions allow sponsors to access capital at the fund or GP level without surrendering governance control. We advise on structuring waterfall mechanics, investor protections, and exit terms that align with both sponsor flexibility and investor security. By drawing on our secondaries market intelligence, we help clients position preferred equity as a competitive and sustainable financing tool.
Liquidity Solutions and NAV-Based Financing
Net Asset Value (NAV) financing has become a critical tool for sponsors seeking liquidity without asset divestment. We represent borrowers, lenders, and intermediaries in structuring NAV loans that maximize portfolio stability while meeting regulatory and tax requirements. Our experience spans subscription credit facilities, hybrid structures, and complex collateral packages, giving clients the confidence to leverage NAV solutions strategically.
Liquidity Solutions and Tender Offers
Tender offers remain a powerful means of aligning existing investors with new entrants in a fund. SJKP LLP structures tender offers with precision, ensuring compliance with securities regulations, disclosure obligations, and fiduciary duties. We guide sponsors in designing transparent processes and managing LP communications to maintain trust and regulatory defensibility.ensuring regulatory compliance and strategic communication with limited partners.
3. Why SJKP LLP for Liquidity Solutions?
In a marketplace where innovation meets regulation, clients choose SJKP LLP for our unmatched depth in secondaries and our ability to execute under pressure. Our unrivaled market share in secondary transactions is backed by attorneys who combine transactional acumen with policy insight, many of whom have worked directly with financial regulators. We support clients across every level of the deal—fund sponsors, LPs, buyers, sellers, syndicate investors, and intermediaries—ensuring each party’s interests are safeguarded and aligned.
Liquidity Solutions and Global Insight
Liquidity transactions often span multiple legal regimes. With attorneys across the U.S., Europe, and Asia, we deliver jurisdiction-specific advice and anticipate regionally distinct risks, from FDI regulations in Europe to securities review in the U.S. and tax structuring in Asia. This global reach ensures that clients can act with confidence in any market.
Liquidity Solutions and Proprietary Market Data
SJKP LLP’s proprietary secondaries database allows us to benchmark pricing, transaction terms, and investor sentiment. This market intelligence informs our legal strategies and provides clients with a competitive edge in negotiations. By combining legal expertise with real-time data, we empower clients to achieve outcomes that are both commercially attractive and legally defensible.
Liquidity Solutions and Strategic Advantage
We do more than close deals—we design liquidity solutions that expand strategic options and long-term flexibility. Whether enabling a sponsor to hold prized assets, giving LPs early exit opportunities, or structuring transactions that support future fundraising, our goal is to deliver outcomes that create enduring value. Clients rely on us not only for legal execution but for the insight that shapes their long-term positioning in the secondary market.
Liquidity Solutions and Case Experience
Our track record includes advising on some of the largest continuation fund transactions in the market, representing sponsors in GP-led recapitalizations exceeding billions in assets under management, and counseling investors on complex portfolio disposals. This depth of experience provides clients with assurance that we understand not just the legal framework but also the commercial realities that drive successful outcomes.
The information provided in this article is for general informational purposes only and does not constitute legal advice. Reading or relying on the contents of this article does not create an attorney-client relationship with our firm. For advice regarding your specific situation, please consult a qualified attorney licensed in your jurisdiction.
