Secondary funds have a number of favorable risk-reward and other characteristics that appeal to many investors. In particular, secondary funds can provide exposure to the positive attributes of private equity investing while mitigating certain downside risks inherent in the asset class.
Auda’s secondary investment effort is organized for the explicit purpose of acquiring private equity partnership interests and direct portfolios on a secondary basis. Our secondary investment professionals have more than 40 years of combined secondary investment experience. Auda’s dedicated secondary program takes advantage of our comprehensive and integrated investment platform. Investors benefit from our:
- Global sourcing network
- Highly skilled investment professionals
- Platform operating model
- Due diligence advantages from primary relationships
- Status as a preferred substitute limited partner
- Information access and knowledge management
- Speed and flexibility
We offer investors a diversified portfolio of relatively more mature private equity fund interests that seek to achieve returns similar to primary investments in newly formed private equity funds, but at a lower level of risk and over a shorter time horizon.