PEINVEST
For buying and selling limited partnership interests in PE/VC funds, these platforms specialize in LP-led secondary transactions.
FINRA-approved broker-dealer for LP-led secondary transactions in private equity fund stakes.
Min. Investment
$100K
Seller Fee
N/A
Founded
2014
Rating
European platform providing access to top-tier PE/VC funds with semi-annual secondary auctions via Lexington Partners.
Min. Investment
$50K
Seller Fee
N/A
Founded
2016
Rating
Alternative investment platform for financial advisors providing access to PE, hedge funds, and secondary opportunities.
Min. Investment
$50K
Seller Fee
N/A
Founded
2009
Rating
World's largest dedicated secondary investment firm with $17B+ raised and 35+ year track record.
Min. Investment
$10.0M
Seller Fee
N/A
Founded
1990
Rating
Leading global secondary private equity firm providing institutional liquidity solutions.
Min. Investment
$10.0M
Seller Fee
N/A
Founded
1994
Rating
Disclaimer: Rankings are based on our editorial analysis and research. We may receive compensation from featured platforms. This is not investment advice. Always conduct your own due diligence before investing.
LP secondary involves buying and selling limited partner interests in existing private equity or venture capital funds. It allows LPs to exit positions before fund liquidation and provides buyers access to mature portfolios.
LP secondary minimums are typically $100,000-$500,000 for individual transactions. Some platforms offer lower minimums through aggregated vehicles or secondary funds.
Reasons include portfolio rebalancing, liquidity needs, regulatory changes, vintage year management, or simply wanting to exit a position before fund maturity.
For buying and selling limited partnership interests in PE/VC funds, these platforms specialize in LP-led secondary transactions.
Platforms in this list are evaluated across 4 key dimensions: lp transaction focus, fund coverage, buyer network, transaction support. We reviewed 5 platforms for this ranking, focusing on those that best serve limited partners seeking liquidity or secondary market buyers.
Rankings are updated regularly to reflect changes in platform offerings and market conditions. While we may receive compensation from some featured platforms, this never influences our editorial rankings.