1. Competitive Bidding Process: small secondary sellers benefit from a global marketplace featuring secondary buyers ranging from large secondary funds to smaller secondary specialists.
2. Secure Virtual Data Room: our platform is designed with a fully encrypted data room and messaging module, allowing you to display sensitive information and engage in secure conversations.
3. Seller Anonymity: the seller always remains anonymous when listing the fund stake for sale. The seller is only obligated to reveal themselves to the buyer when accepting bids from interested buyers.
4. No Obligation to Sell: there is no obligation to sell — the seller can close their listing at any time without any fees or penalty.
5. Streamlined Process: our platform provides digital tools that streamline the various stages of the sales process including data room set up, non-binding bids and binding bids.
6. Comprehensive Customer Service: every secondary sales transaction is assigned to a dedicated Palico PE account services individual to assist throughout the process. Email, call, or message us – we aim to provide a premium customer experience.

• Single LP stakes
• Portfolio of LP fund stakes
• Co-investment opportunities (case by case basis)
• Fund stakes ranging from $1-100M (exceptions can apply)

Mandatory documents:

• • Quarterly Report
  • Financial Statements
  • Capital Account Statement

Additional documents:

• • • Subscription Agreement
    • Limited Partnership Agreement (LPA)
    • Private Placement Memorandum (PPM)

• Term Sheet
• Sales and Purchase Agreement
• Transfer Agreement

While legal paperwork will be finalized offline, supplemental documents may be hosted in Palico’s virtual data room as needed.

Palico’s platform combines technological excellence along with regulatory compliance. We continuously improve the platform to ensure the security and confidentiality for all of our users.

Security and Data Protection:

Palico is a cloud-based platform and complies with the industry-standard data security protocols. Our network and infrastructure use several security layers (encryption, authentication, authorization) to guarantee the confidentiality and integrity of all recorded and exchanged data. All security layers are based on widely used and approved protocols in the industry and comply with ISO 27001 certification.

Confidentiality:

Palico offers a virtual data room to share confidential information with selected counterparties. The data room’s access is granted by the seller (in the case of a secondary sale) or by the GP (in the case of fundraising) for chosen requesters.
Palico also provides an end-to-end encrypted messaging module in order to negotiate and discuss transaction details privately.

Anonymity:

Palico is designed to maintain the anonymity of all LP members on the platform:

1. Palico respects the LP’s preference to remain anonymous on the platform. 
2. At the sellers discretion, their identity can be kept confidential up until the LOI stage.
3. In the event the LP selling a secondary fund stake the identity of the seller is kept confidential at the discretion of the LP but does have an obligation to reveal their identity once the process gets to the LOI stage of a secondary sale.

Fairness:

The marketplace is controlled and overseen by our internal compliance team. The compliance team thoroughly monitors member activity to ensure that no member is misusing the information available online.

Transparency and Standardization:

Palico is built on the premise of providing a level-playing field to all its members on the platform. It does so by giving all its members’ access to the same information presented in a standardized form for all investment or sale opportunities available on the marketplace