At Multiplicity Partners, we advise a range of shorter-duration secondary funds investing at the intersection of private market secondaries and special situations with a focus on DPI. We create value for our investors by avoiding competitive situations and finding attractive niche opportunities. Our fund series, the LTO Funds, has raised more than USD 250 million in commitments since 2016.
DEEP VALUE INVESTORS IN PRIVATE MARKETS
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Longer-Term Opportunistic Investments
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Investment at intersection of private market secondaries and special situations
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Focus on smaller deals not pursued by most secondaries funds
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Uncover value in complex encumbered assets
Through our focus on smaller deals, more niche strategies and special situations, we avoid competitive situations and provide investors with access to idiosyncratic investment opportunities and attractive risk-adjusted returns. Our key objective is to produce DPI (Distributed to Paid-In Capital) fast and hence we concentrate on assets with visible cash flows/exits in the next 2 to 4 years.
Multiplicity Partners has a diversified investor base that includes family offices, institutional investors and sophisticated high-net-worth individuals. Most of our investors have a long-term relationship with us, investing in multiple LTO Funds.
“Our LTO Funds are all about DPI. We only care about the timing and amount of cash distributed to our LPs, not about paper gains.”
The benefits of secondaries investing
General benefits of the strategy
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Faster Deployment of Capital
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Lower J-Curve Effect
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Diversification across Funds
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Enter at Discount
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Reduced Blind Pool Risk
Additional benefits of Multiplicity’s investment strategy
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Shorter Duration
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Diversification across asset classes
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Exposure to idiosyncratic risks
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Excess return through avoiding crowded deals
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