GP-Led & Continuation-Fund Secondaries
Liquidity and re-ups via GP-led and continuation-fund secondaries.
Image · GP-Led & Continuation-Fund SecondariesGP-led secondaries — including continuation funds — let sponsors provide liquidity to existing LPs while retaining prized assets. Matchpoint provides access to GP-led and continuation-fund opportunities for qualified investors.
As part of our Alternatives practice, Matchpoint Partners has originated and led $2+ billion of transactions across four continents, and every alternatives mandate is led by a partner, from first call to close.
Our role on gp-led & continuation-fund secondaries mandates
- Continuation-fund access
- Liquidity for existing LPs
- Stay with winning assets and managers
- Aligned, diligence-led structures
Select transactions
Representative alternatives mandates led by Matchpoint partners.
PBSA & commercial RE PE fund — restructured and re-placed.
Shariah-compliant PE fund placement.
Healthcare PE fund (AIF) placement.
Technology VC fund (AIF) placement.
Research relevant to this area
Original analysis and decision frameworks from the Matchpoint team.
GP-Led & Continuation-Fund Secondaries — frequently asked questions
A new vehicle that buys assets from an existing fund, giving LPs liquidity while the GP retains the assets.
Access to high-conviction, seasoned assets alongside the original manager.
When you want exposure to seasoned, identifiable assets rather than a blind pool — the companies are known, the manager has owned them for years, and the entry price is negotiated against current performance. It suits investors seeking shorter duration and earlier distributions than a primary fund commitment.
Look at what the GP does with its own money: rolling its carried interest into the new vehicle and committing fresh capital signals conviction. A credible lead investor setting price and terms, plus an independent fairness process for existing LPs, are the other key markers.
In a GP-led, the manager initiates the transaction — moving assets into a new vehicle and inviting buyers in. In an LP-led, an individual investor sells its existing fund stake to a buyer. GP-leds offer concentrated, manager-sponsored exposure; LP-leds offer diversified, seasoned portfolios.
It covers US pre-IPO secondaries, curated deal access for private equity funds and family offices, PE/VC fund placement, and AI data-centre investments — for qualified investors.
Pre-IPO secondaries, GP- and LP-led secondaries, co-investments, PE/VC fund placement and SPVs, plus thematic exposure to AI data centres, digital infrastructure and the energy transition.
Access is for qualified investors — primarily PE funds, family offices and institutions — subject to eligibility, suitability and counterparty terms.
Engagements ordinarily combine a retainer with a success fee. Terms are agreed in writing before work begins and calibrated to the mandate’s size, scope and complexity.
Most mandates reach a first term sheet within 30 days, depending on diligence readiness and structure; closing follows once terms are agreed.
A short, confidential scoping call and NDA; we structure the requirement and prepare materials, then run a competitive process across our 5,000+ investor and lender relationships, and negotiate to close — with a partner leading at every step.
Matchpoint Partners is based in the UAE and runs cross-border mandates across the UAE, KSA, India and the UK, with active deal activity in wider Europe, Singapore and the United States.
Matchpoint undertakes corporate finance, financing, M&A and fund-placement mandates from USD 5m upwards, subject to mandate fit, diligence, applicable regulation, capacity and a written engagement. The partner team has originated and led $2+ billion of transactions.
Use the enquiry form, email contact@matchpoint-partners.com, or call/WhatsApp +971 52 345 1119. Every mandate is led by a partner from the very first conversation.
Yes. Confidential information is handled under the engagement terms and any applicable non-disclosure agreement.
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Investment roles, structures and decision criteria
Explore the participants and transaction options relevant to this practice. Each entry sets out a discussion scope, decision checks, a paid engagement starting point and the specialist responsibilities to confirm.
Asset and Special Situations Buyers
Continuation FundsCME-118 · Asset and Special Situations Buyers · Buyer
- Ecosystem role
- Buyer
- Related asset class
- Alternatives
- Instrument context
- Asset or share purchase
Mandate context: asset purchases, infrastructure transactions and stressed situations. The structure and rights are established by the specific transaction documents.
Decision focus: Acquisition perimeter and recoverable value.
- Assets, title and transaction perimeter
- Operating continuity and specialist diligence
- Liabilities, approvals and recovery or exit scenarios
Scope to discuss: Buy-side target search, screening, valuation, diligence and acquisition execution.
Paid engagement entry point: acquisition thesis and target-screening sprint; followed by diligence and deal execution.
Illustrative GCC scenario: An illustrative Kuwait asset acquisition can distinguish the assets included, title evidence, operating dependencies and liabilities requiring specialist review. This is a hypothetical decision example.
What should be agreed before a mandate involving Continuation Funds?
Define the investment or transaction objective, the authorised decision-maker, the evidence available, the requested deliverables and the next approval. Use the decision checks above to identify gaps; agree the workplan, delivery responsibilities and fee terms in writing.
Delivery and specialist boundary: Confirm decision authority, evidence access, conflicts, scope and applicable jurisdiction-specific permissions before execution. Legal, tax, fund-marketing, securities and Shariah questions require the relevant appointed specialist. Capital availability, investment returns and execution dates remain subject to assessment.
Discuss a paid scopeReal Assets and Secondaries
GP-Led SecondariesCME-165 · Real Assets and Secondaries · Asset Class
- Ecosystem role
- Asset Class
- Related asset class
- Alternatives
- Instrument context
- Equity, debt or fund interests
Mandate context: real assets, project assets and secondary investments. The structure and rights are established by the specific transaction documents.
Decision focus: Asset economics and the terms of ownership.
- Underlying asset, fund or portfolio evidence
- Cash flows, valuation and capital commitments
- Transfers, liquidity and specialist diligence
Scope to discuss: Private-markets portfolio strategy, manager selection, diligence and transaction access.
Paid engagement entry point: allocation and market-opportunity study; followed by manager or asset screening and diligence.
Illustrative GCC scenario: An illustrative Qatar real-asset or secondary investment can review valuation support, future capital commitments, transfer permissions and exit assumptions. This is a hypothetical decision example.
What should be agreed before a mandate involving GP-Led Secondaries?
Define the investment or transaction objective, the authorised decision-maker, the evidence available, the requested deliverables and the next approval. Use the decision checks above to identify gaps; agree the workplan, delivery responsibilities and fee terms in writing.
Delivery and specialist boundary: Confirm decision authority, evidence access, conflicts, scope and applicable jurisdiction-specific permissions before execution. Legal, tax, fund-marketing, securities and Shariah questions require the relevant appointed specialist. Capital availability, investment returns and execution dates remain subject to assessment.
Discuss a paid scopeContinuation VehiclesCME-167 · Real Assets and Secondaries · Asset Class
- Ecosystem role
- Asset Class
- Related asset class
- Alternatives
- Instrument context
- Equity, debt or fund interests
Mandate context: real assets, project assets and secondary investments. The structure and rights are established by the specific transaction documents.
Decision focus: Asset economics and the terms of ownership.
- Underlying asset, fund or portfolio evidence
- Cash flows, valuation and capital commitments
- Transfers, liquidity and specialist diligence
Scope to discuss: Private-markets portfolio strategy, manager selection, diligence and transaction access.
Paid engagement entry point: allocation and market-opportunity study; followed by manager or asset screening and diligence.
Illustrative GCC scenario: An illustrative Qatar real-asset or secondary investment can review valuation support, future capital commitments, transfer permissions and exit assumptions. This is a hypothetical decision example.
What should be agreed before a mandate involving Continuation Vehicles?
Define the investment or transaction objective, the authorised decision-maker, the evidence available, the requested deliverables and the next approval. Use the decision checks above to identify gaps; agree the workplan, delivery responsibilities and fee terms in writing.
Delivery and specialist boundary: Confirm decision authority, evidence access, conflicts, scope and applicable jurisdiction-specific permissions before execution. Legal, tax, fund-marketing, securities and Shariah questions require the relevant appointed specialist. Capital availability, investment returns and execution dates remain subject to assessment.
Discuss a paid scopeM&A and Restructuring
Continuation-Fund TransactionsCME-285 · M&A and Restructuring · Transaction Route
- Ecosystem role
- Transaction Route
- Related asset class
- Private equity
- Instrument context
- Share sale, asset sale or refinancing
Mandate context: private sale, acquisition, restructuring and secondary transactions. The structure and rights are established by the specific transaction documents.
Decision focus: Transaction route, value and execution dependencies.
- Ownership, objectives and transaction perimeter
- Valuation, stakeholder incentives and alternative structures
- Approvals, diligence and completion or restructuring conditions
Scope to discuss: Transaction route assessment, process design and execution support.
Paid engagement entry point: transaction-route feasibility study; followed by process design and execution.
Illustrative GCC scenario: An illustrative cross-border GCC carve-out can compare the sale perimeter, standalone readiness, valuation and separation dependencies before selecting a transaction route. This is a hypothetical decision example.
What should be agreed before a mandate involving Continuation-Fund Transactions?
Define the investment or transaction objective, the authorised decision-maker, the evidence available, the requested deliverables and the next approval. Use the decision checks above to identify gaps; agree the workplan, delivery responsibilities and fee terms in writing.
Delivery and specialist boundary: Confirm decision authority, evidence access, conflicts, scope and applicable jurisdiction-specific permissions before execution. Legal, tax, fund-marketing, securities and Shariah questions require the relevant appointed specialist. Capital availability, investment returns and execution dates remain subject to assessment.
Discuss a paid scopeGP-Led Secondary ProcessesCME-286 · M&A and Restructuring · Transaction Route
- Ecosystem role
- Transaction Route
- Related asset class
- Private equity
- Instrument context
- Share sale, asset sale or refinancing
Mandate context: private sale, acquisition, restructuring and secondary transactions. The structure and rights are established by the specific transaction documents.
Decision focus: Transaction route, value and execution dependencies.
- Ownership, objectives and transaction perimeter
- Valuation, stakeholder incentives and alternative structures
- Approvals, diligence and completion or restructuring conditions
Scope to discuss: Transaction route assessment, process design and execution support.
Paid engagement entry point: transaction-route feasibility study; followed by process design and execution.
Illustrative GCC scenario: An illustrative cross-border GCC carve-out can compare the sale perimeter, standalone readiness, valuation and separation dependencies before selecting a transaction route. This is a hypothetical decision example.
What should be agreed before a mandate involving GP-Led Secondary Processes?
Define the investment or transaction objective, the authorised decision-maker, the evidence available, the requested deliverables and the next approval. Use the decision checks above to identify gaps; agree the workplan, delivery responsibilities and fee terms in writing.
Delivery and specialist boundary: Confirm decision authority, evidence access, conflicts, scope and applicable jurisdiction-specific permissions before execution. Legal, tax, fund-marketing, securities and Shariah questions require the relevant appointed specialist. Capital availability, investment returns and execution dates remain subject to assessment.
Discuss a paid scopeAdvisory
Secondaries AdvisersCME-299 · Advisory · Intermediary
- Ecosystem role
- Intermediary
- Related asset class
- Advisory services
- Instrument context
- Advisory mandate
Mandate context: capital raising, M&A, debt and special situations mandates. The structure and rights are established by the specific transaction documents.
Decision focus: A defined scope and a reviewable decision record.
- Client authority, objective and required deliverables
- Named delivery team, evidence and scope exclusions
- Fees, conflicts, reliance and specialist handovers
Scope to discuss: Adviser selection, diligence coordination and transaction workstream management.
Paid engagement entry point: adviser-scope and diligence-workplan diagnostic; followed by coordinated workstream delivery.
Illustrative GCC scenario: An illustrative UAE acquisition advisory scope can define the transaction lead, decision gates, diligence providers, deliverable ownership and written fee terms. This is a hypothetical decision example.
What should be agreed before a mandate involving Secondaries Advisers?
Define the investment or transaction objective, the authorised decision-maker, the evidence available, the requested deliverables and the next approval. Use the decision checks above to identify gaps; agree the workplan, delivery responsibilities and fee terms in writing.
Delivery and specialist boundary: Agree the provider, qualifications, independence, permission, reliance rights and scope before appointment. Matchpoint's scope can cover adviser selection and transaction coordination. Legal, tax, audit, engineering, insurance, custody, administration, ratings and other specialist conclusions require the appropriately qualified and appointed provider.
Discuss a paid scopeFurther reading on diligence, market frameworks and applicable requirements. These resources do not verify an individual mandate or Matchpoint permission.
