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| 1. |
Institutions, Corporations, Regulators and Non-Profit Organizations |
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| a. |
“We divested a portfolio of direct investments plus interests in private partnerships with NYPPEX serving as advisor. We were very pleased .”
|
| – Executive Officer, U.S. Mutual Fund |
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| b. |
“NYPPEX served as our trusted advisor for the divestiture of over 40 venture fund interests.”
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| – Chief Operating Officer, U.S. Family Office |
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| c. |
“We achieved exits for two distressed portfolio companies through NYPPEX and no longer worry about their potential write-offs.”
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| –
Portfolio Manager, Japanese Corporation |
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| d. |
“NYPPEX liquidated our venture fund portfolio at an attractive premium.”
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– Liquidating Trustee, Chapter 11 Non-Profit Organization |
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| e. |
‘We generate incremental IRR by adding to our top private fund's holdings through secondary purchases at NYPPEX.”
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–Investment Officer, US Endowment |
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| f. |
“NYPPEX divested some of our venture fund interests which helped us recycle our strategic investments.”
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– Portfolio Manager, European Pharmaceutical Corporation |
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| g. |
“We use NYPPEX’s pricing service for alternative asset portfolios of insurance companies that we have under review.”
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–Senior Compliance Officer, State Insurance Regulator |
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| h. |
“We divested certain strategic investments through NYPPEX which enabled us to make new strategic investments without depleting corporate cash flow."
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-Assistant Treasurer, US Technology Corporation |
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| i. |
“NYPPEX divested some of our venture fund interests which helped us recycle our strategic investments.” “We have acquired some of NYPPEX’s secondary deal flow in private funds and have been very pleased.”
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-Portfolio Manager, US Insurance Company |
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| j. |
“Our tech mutual fund became over weighted in venture capital, and NYPPEX liquidated those positions at attractive executions.
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–Portfolio Manager, US Mutual Fund |
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| 2. |
Private Funds |
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| |
| a. |
“We want to rely less on the IPO
market. NYPPEX is helping achieve exits for us in the secondary private
market.”
|
| –General
Partner, US Venture Fund |
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| b. |
“NYPPEX quietly transferred a $10
million delinquent commitment from a European
LP.”
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| – General Partner, Top
Quartile Venture Fund |
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| c. |
“We obtain independent fair values
on our portfolio companies from Offroad Research to comply with FAS15B.”
|
| – CFO, US Venture Fund |
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| d. |
“NYPPEX’s bid encouraged a
portfolio company to exercise its first right of refusal and buy back our
shares.” |
| – General Partner, US
Buyout Fund |
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| e. |
“NYPPEX’s Qualified Matching
Service enables our funds to permit LP transfers up to 10% annually instead of
2% under an IRS 1.77 QMS exemption.”
|
| – General Partner, Top
Quartile US Buyout Fund |
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| 3. |
Private Companies |
| |
| a. |
“NYPPEX arranged liquidity for
several of our long time shareholders at prices well above our last capital
round.”
|
| -CEO, US Private Healthcare Company |
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| b. |
“We send selling shareholders to
NYPPEX. They make secondary private offerings and bring new prospective
shareholders, all subject to our approval.”
|
| –CFO, US Private Company |
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| c. |
“Sarbanes are too costly. We
intend to stay private and recently completed a $245 million recapitalization
that provided an attractive exit for our shareholders, in which NYPPEX
participated.”
|
| - Chairman, US Private Company |
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| 4. |
Advisors, Bankers and Brokers |
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| |
| a. |
“Our alliance with NYPPEX enables us to refer private clients seeking liquidity in restricted stock of private companies, and we handle the reinvestment.
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–Private Client Executive, Global Investment Bank |
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| b. |
“We like to acquire secondary interests, in top European buyout funds where we do not have relationships, through NYPPEX.”
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– Portfolio Manager, European Private Bank |
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| c. |
"We refer ultra high net worth private clients to NYPPEX when they wish to sell private equity funds.” |
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– Trust Officer, US Private Bank |
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| d. |
“We attract more ultra high net worth private clients as a result of alternative asset services that are provided through an alliance with NYPPEX.”
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-Chief Investment Officer, Investment Advisor |
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| e. |
“We generate incremental IRR through periodic rebalancing of our client’s alternative asset portfolios, through NYPPEX.” |
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–Relationship Manager, US Financial Planner |
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| 5. |
Private Clients |
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| |
| a. |
“We sold an underperforming private equity fund through NYPPEX to finance a new business.” |
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– Entrepreneur, Hong Kong |
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| b. |
"I was able to sell some shares in our private company and finally create my retirement portfolio.”
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– Co-Founder, US Private Technology Company |
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| c. |
“We like the superior capital growth and cash distributions from certain buyout funds, which we acquire in the secondary market from NYPPEX."
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–Family Member, European Family Office. |
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| d. |
“I do not understand alternative assets and sold those holdings through NYPPEX.”
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–Divorced Woman, US |
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| e. |
“I quietly sold underperforming venture fund interests in my personal account through NYPPEX.” |
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– General Partner, Top Quartile US Venture Fund |
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| f. |
“NYPPEX is my secret source to find secondary interests for my personal account. They are excellent and years ahead of the market.” |
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–Executive Officer, US Investment Bank |
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| g. |
“I had too much personal net worth in my business. I decided to take some chips off the table through NYPPEX and diversify.”
|
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–Entrepreneur, US Private Company |
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| h. |
“Our estate attorney recommended NYPPEX for liquidating certain alternative asset holdings, so I could finance a new business.”
|
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-Beneficiary, US Private Client |
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| i. |
“When my professional sports career was over, my accountant recommended that I liquidate some private fund holdings through NYPPEX so I could start a business.”
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-Former Professional NBA Player |
 |
| j. |
“I was overleveraged when my stock options declined, and NYPPEX quietly liquidated some private holdings, for which I am truly grateful”.
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-Senior Executive, US Technology Company |
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