Potential liquidity.
Why invest in the Cadre Secondary Market?
Access liquidity*
Increase flexibility
Compress your investment horizon
Discounted pricing
How the Cadre Secondary Market Works
Sellers
Buyers
More questions?
Who is eligible to sell their interests?
The sell orders can be placed by any eligible investors in partnerships that have been approved by the general partner for secondary transfers. This feature is not available yet for partnerships that were established for U.S. tax-exempt or non-U.S. investors (so-called “parallel partnerships”).
When can I sell my interest?
We expect to first permit sell orders in a partnership six months from the date of an asset’s acquisition. Once this threshold is met, sellers in eligible partnerships will generally have the opportunity to place their interests for sale during quarterly windows established by Cadre. We expect these windows will take place for approximately 2 weeks in the middle of each quarter.
How much of my interest can I sell?
Sellers can place 100% of their interests for sale in any eligible partnership. Sellers also have the option to place a portion of their interest for sale. Partial sales require a $50,000 minimum and can then be increased in increments of $5,000. The remaining investment after a partial sale must be at least $10,000. Please contact investments@cadre.com to learn more.
At what price can I sell?
Sellers will have the ability to offer their positions at a specified discount to their “Marked Value,” which is a value determined by Cadre quarterly. See the definition of “Marked Values” below for more detail. As we continue to refine the Cadre Secondary Market, we expect to update (and could restrict) the range of prices that positions can be offered at.
Can I select an alternate price to offer my interest at?
In order to facilitate an efficient experience on the Cadre Secondary Market, we do not currently accept orders at prices that vary from the specified discount to the Marked Value.
Investments in private offerings are speculative and involve a high degree of risk. Investments in private offerings are not bank deposits and therefore are not insured by the FDIC or guaranteed by any other party. Investors must be qualified as an accredited investor to participate in private offerings and you may be required to verify your status as an accredited investor. No securities commission or regulatory authority has recommended or approved any investment or the accuracy or completeness of any of the information or materials provided by or through us.
This communication is not to be construed as investment, tax, or legal advice in relation to the relevant subject matter; investors must seek their own legal or other professional advice before making any investment to determine whether an investment is suitable for them.
Past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections are not guaranteed and may not reflect actual future performance.
All investments involve a high degree of risk and may result in partial or total loss of your investment.
Investments offered by Cadre are illiquid and there is never any guarantee that you will be able to exit your investments on the Secondary Market or at what price an exit (if any) will be achieved..
The Cadre Secondary Market is NOT a stock exchange or public securities exchange, there is no guarantee of liquidity and no guarantee that the Cadre Secondary Market will continue to operate or remain available to investors.