This word is used in the venture capital and private equity limited partnership interest of the original investors, because the original investors intend to limited partnership before termination of investment will be realized.The original investors may be for a variety of reasons to sell their holdings of private equity shares of the company, such as cash, had changed the investment strategy or key, or need to rebalance the portfolio.For investors, pay attention to secondary unit is the main advantage of them can not be like investment primitive so long time to invest in private equity funds.
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