NOVA IS A PIONEER IN PORTFOLIO BUY-OUTS
SPECIALISING IN ACQUIRING MULTIPLE BUSINESSES
IN A SINGLE TRANSACTION

FINANCIAL PORTFOLIO SECONDARY DIRECT EXAMPLE

SOLUTION HIGHLIGHTS

  • One of the earliest examples of a “zombie fund” deal which provided an attractive solution to the existing General Partner and Limited Partners
  • Nova purchased all remaining assets, enabling the fund to be fully distributed and wound up.
  • Innovative ring-fenced risk sharing of pension exposure risk on key asset was put in place.
  • Opportunity provided for Limited Partners in original fund able to “roll over” into new Nova vehicle.

 

Transaction Highlights