Buy Offers
Buy Offers enable buyers to display their pricing for specific fund positions they want to acquire on the marketplace. If the price matches a seller’s expectations, the transaction can begin digitally and seamlessly.
Transacted on Palico
Actively Trigger the Market
FOR BUYERS
Boost Your Secondaries
Pipeline
- Proactive Buying: Take control by stating your desired positions.
- Price Transparency: Set a price you’re willing to pay and attract the right sellers.
- Simplified Transactions: The transaction process is streamlined, allowing for faster, more efficient deals.
- Offers/Bids are Anonymous: All bids are anonymous, and only revealed if the seller decides to engage.
FOR SELLERS
ASSESS YOUR SELLING OPTIONS
WITH CONFIDENCE
- Instant Access to Bids: See buyer offers in real time.
- No Waiting: If the price works, sell in a flash.
- Full Transparency: Know exactly what buyers are willing to pay before you engage.
- Secure and Streamlined Sale Process: Transact with confidence in a fully digital, secure environment, in just a few clicks.
Some funds listed as Buy Offers on Palico
Enhance your Deal Capacity with Buy Offers
Buyers can create Buy Offers on the Palico Marketplace by providing fund details in just a few clicks.
Palico showcases this information to its 1,800+ KYC’ed users while keeping the buyer’s identity confidential.
Investors can review available buy offers, match them with their portfolio, identify opportunities to sell some of their fund positions at the right price, and seamlessly transact with interested buyers.
A Fully Digital Streamlined Closing Process
Integrated Digital Closing
Once a buyer is selected as winner, a new tool opens for the interested parties to proceed with the closing of the transaction. This tool is composed of 4 clear steps:
- Letter of Intent (LOI) signature.
- Sale & Purchase Agreement (SPA) negotiations & signature transfer.
- Transfer Agreement (TA) signature & funds in escrow.
- Final payment & transfer of assets.
Transparent fee model
Success Fee Only
Palico only makes money when a deal successfully closes.
1% of the final agreed purchase price plus any unfunded commitments being transferred. The success fee is paid by the buyer.
- Minimum fee of $15,000. Covered by the seller if necessary.