
Millennium's Managing Partners Author Article on the Secondary Market
Millennium Managing Partners Dan Burstein and Sam Schwerin have written a new commentary on the future of the secondary market for venture capital assets in which they predict substantial growth for direct secondary transactions. This article appears in the current issue of Preferred Returns, the newsletter of the American Bar Association's committee on Private Equity and Venture Capital. For the full text of the article, visit our resource section.
In this challenging time, Millennium can offer creative liquidity solutions.
MILLENNIUM TECHNOLOGY VALUE PARTNERS specializes in creating customized, innovative, flexible liquidity solutions for holders of venture capital investments and other illiquid private equity assets.
We have partnered with sellers in more than 100 transactions over the last six years to generate liquidity and meet other seller needs. That success in solving complex problems has led more than 80% of sellers who initially work with Millennium to return to us with additional transactions
Our transaction partners have included some of the world's leading hedge funds, mutual funds, investment and commercial banks, technology companies, industrial companies, and venture capital funds. We have also designed liquidity programs to meet the needs of individuals-business founders, CEOs, senior executives, and angel investors. We are buyers of investments both large and small, single assets as well as portfolios, distressed to pre-IPO situations.
We are working in the secondary market every day to create new opportunities and efficiencies for holders of venture capital assets to achieve liquidity on illiquid assets and to help venture investors re-balance their portfolios and adjust risk/reward equations.
If you want to harness the
power of a whole new world of liquidity solutions from Millennium, contact any
of the members of our team. |
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| Samuel L. Schwerin |
Managing Partner | schwerin@mtvlp.com |
| Daniel L. Burstein | Managing Partner | burstein@mtvlp.com |
| Max Chee | Principal | chee@mtvlp.com |
| Daniel Borok | Vice President | borok@mtvlp.com |
| Brian Waterhouse | Associate | waterhouse@mtvlp.com |