PEINVEST
Palico
ActiveFINRA-approved broker-dealer for LP-led secondary transactions in private equity fund stakes.
4.00
FINRA MemberSEC Registered
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Last updated: 2026-01-23
Palico Overview
Palico is a FINRA-approved broker-dealer specializing in LP-led secondary transactions, connecting limited partners seeking liquidity with institutional buyers interested in acquiring fund stakes.
What is LP Secondary?
- •Private equity funds
- •Venture capital funds
- •Real estate funds
- •Infrastructure funds
Platform Focus
- •LP-led transactions (seller-initiated)
- •Small to mid-sized deals
- •Institutional buyer matching
- •Transaction structuring
Network
- •2,000+ accredited investors
- •Institutional fund buyers
- •Fund-of-funds
- •Secondary specialists
Transaction Process
- 1.Listing: LP submits fund stake for sale
- 2.Matching: Palico identifies qualified buyers
- 3.Due Diligence: Buyer reviews fund documentation
- 4.Negotiation: Price and terms agreed
- 5.Transfer: GP consent and stake transfer
Ideal Use Cases
- •LPs seeking early liquidity
- •Portfolio rebalancing
- •Estate planning needs
- •Capital redeployment
Pros
- +FINRA-registered broker-dealer
- +Specialized in LP secondaries
- +2,000+ accredited investors
- +Established since 2014
Cons
- −Institutional focus only
- −High minimums ($100K+)
- −No real-time pricing
- −Smaller/mid-sized transactions
Best For
- LPs seeking liquidity
- Institutional fund buyers
- Fund-of-funds managers
- Secondary specialists
Key Features
LP-led transaction focusFINRA broker-dealerInstitutional networkFund stake specialists
Frequently Asked Questions
What is Palico and how does it work?
Palico is a lp secondary platform founded in 2014 and headquartered in New York, NY. FINRA-approved broker-dealer for LP-led secondary transactions in private equity fund stakes. It operates under Palico Inc.. The platform serves institutional only investors.
What fees does Palico charge?
Palico has a undefined% buyer fee structure. The minimum investment is $100K.
Is Palico regulated and safe to use?
Palico is a FINRA member and is SEC registered as an Broker-Dealer. The platform has been operating for 12 years and serves 2,000+ registered users. While the platform is regulated, all private securities investments carry inherent risks.
Who is Palico best suited for?
Palico is best for lps seeking liquidity, institutional fund buyers, fund-of-funds managers. Accreditation is required (Yes - Individual).
Fee Impact Calculator
Estimate total costs when investing through Palico
Investment
$100K
Total Fees
$0
Net Deployed
$100K
No buyer fees — 100% of capital deployed
Exit Scenarios (after fees)
Based on minimum investment of $100K. Actual fees may vary. Does not account for taxes, carry, or time value of money. See our methodology for details.
People Also Ask
How does Palico compare to other LP Secondary platforms?
Palico ranks among the top-rated platforms in the lp secondary space with 12 years of operation. It competes on institutional-grade infrastructure with a $100K minimum. Compare platforms side-by-side on our comparison page.
What is the minimum investment on Palico?
The minimum investment on Palico is $100K. Investors must meet yes - individual accreditation requirements.
Is Palico legitimate and trustworthy?
Palico has been operating since 2014 (12 years). It is a FINRA-registered broker-dealer and SEC-registered as an Broker-Dealer. The platform serves 2,000+ registered users. As with all private market investments, conduct thorough due diligence.
Can I sell my shares on Palico?
Palico supports secondary sales. Price discovery may vary depending on the security. Liquidity in private markets is limited compared to public exchanges.
What types of companies are available on Palico?
Palico provides access to a curated selection of private companies focused on PE Fund Stakes. The platform specializes in all companies. Availability changes based on supply and issuer approval.
Quick Facts
- Founded
- 2014
- Headquarters
- New York, NY
- Min. Investment
- $100K
- Buyer Fee
- N/A
- Seller Fee
- N/A
- Accreditation
- Yes - Individual
- Investor Types
- Institutional Only
- Registered Users
- 2,000
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Disclaimer: This review is for informational purposes only and does not constitute financial advice. Private equity investments are high-risk and illiquid. Always conduct your own due diligence and consult with a qualified financial advisor before investing. PEInvest may receive compensation from platforms featured on this site.