Landmark Equity Partners XVII, L.P. Recommendation Repor slide image

Landmark Equity Partners XVII, L.P. Recommendation Repor

● Hamilton Lane Historically, Landmark has employed a flexible and opportunistic secondary investment strategy, enabling it to capitalize on attractive opportunities across investment strategies and geographies The General Partner has predominately targeted buyout-focused funds While Landmark primarily targets funds investing in United States-based companies, it has consistently built a diversified portfolio with global exposure The General Partner does not establish target geographic exposures for the Fund Landmark's presence in the United States and Europe has enabled it to build relationships with intermediaries to generate actionable deal flow across geographies ● ● ● Investment Strategy The General Partner leverages its expertise to execute on a variety of transaction types, including preferred structures, portfolio sales, single fund sales, fund restructurings, secondary directs, primaries and synthetic secondaries Landmark's experience investing across a range of secondary transactions provides it with a large opportunity set and drives actionable deal flow Since Fund XIV, Landmark has increased its focus on preferred structures, which provide the General Partner with attractive return profiles and improved downside protection Over time, the General Partner has increased its focus on purchasing minority interests in private equity sponsors, a strategy that enables Landmark to generate early, predictable distributions through management fee streams and carried interest Landmark expects to invest approximately 40% to 60% of Fund XVII in preferred structures 12/13/21 | Proprietary and Confidential Executive Summary | General Partner | Investment Strategy | Track Record | Appendices Landmark Equity Partners XVII, L.P. | Page 10
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