Alternatives

GP-Led & Continuation-Fund Secondaries

Liquidity and re-ups via GP-led and continuation-fund secondaries.

GP-Led & Continuation-Fund SecondariesImage · GP-Led & Continuation-Fund Secondaries
Overview

GP-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.

How Matchpoint helps

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
Track record

Select transactions

Representative alternatives mandates led by Matchpoint partners.

AI Infrastructure
OpenAI

Curated pre-IPO secondary access into a leading frontier AI model platform.

Secondary Placement · USD 200m–250m available
AI Safety
Anthropic

Pre-IPO secondary access into a frontier AI safety company.

Secondary Placement · USD 10m–300m available
Aerospace
SpaceX

Secondary access into the leading private aerospace platform.

Secondary Placement · USD 20m–100m available
Payments / Fintech
Stripe

Secondary participation in a global payments and fintech leader.

Secondary Placement · USD 10m–1bn available
AI Infrastructure
xAI

Direct secondary access into a frontier AI infrastructure company.

Secondary Placement · USD 20m–100m available
Technology
ByteDance

Secondary access into a leading global technology platform.

Secondary Placement · USD 500m available
Innovation & insight

Our proprietary research

Original, data-driven research from our team, relevant to this area.

Questions, answered

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.

Matchpoint works primarily on a success fee, with a modest retainer to cover execution. Fees are agreed in writing up front and scaled to the size and complexity of the transaction — with no hidden costs.

Most mandates reach a first term sheet within 30–90 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 has originated and led $2+ billion of transactions, with equity tickets typically USD 5m–300m, debt USD 10m–500m+, real estate finance USD 20m–500m+, and fund placements for funds of USD 50m–1bn+.

Use the enquiry form, email ck.adya@matchpoint-partners.com, or call/WhatsApp +971 52 345 1119. Every mandate is led by a partner from the very first conversation.

Yes. Matchpoint runs discreet, confidential processes and discloses client identities only under a signed non-disclosure agreement (NDA).

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