Manage recurring liquidity objectives,not one-off fire drills.
We help GPs, LPs and pre-IPO private companies move from episodic “fire drills” to a disciplined, recurring liquidity strategy that is integrated into fund/company management and capital planning.
Caldwell Partners, LLC is a consulting partner to GPs, LPs, and pre-IPO companies to design and execute ongoing secondary market liquidity strategies before engaging external counterparties. We integrate market and portfolio data, scenario modeling, and tailored processes to enable sponsors and allocators to continuously evaluate and act on their most attractive liquidity alternatives.
Who We Serve
Lifecycle Partnership with GPs, LPs pre-IPO Co's
We design liquidity playbooks for GPs, LPs, pre-IPO private companies, and their shareholders - so that secondaries, continuation funds, and other tools are evaluated proactively against evolving market conditions, rather than being deployed under duress.
Our role is to help you turn the secondaries market from a one‑off solution of last resort into a recurring source of optimization: re‑balancing risk, accelerating distributions, and recycling capital into your best ideas.
For LPs, we evaluate proposed Continuation vehicles’ secondary prices, valuations, fees, and projected returns to assist your decision to accept cash or reinvest.
Our core clients include:
Private capital funds - seeking to provide recurring exit events and distributions to their LPs
Public and corporate pensions - managing aging PE, VC, and private credit books under governance and funding pressure
Insurers and balance‑sheet investors - optimizing asset‑liability profiles across private assets
Endowments, foundations, and family offices - seeking recuring liquidity, vintage rebalancing, and cleaner tail portfolios
Pre-IPO companies – seeking to provide liquidity opportunities to key employees and shareholders
What We Do
Independent Non-Transactional Role
We combine market data, scenario modeling, and process design to help sponsors and allocators continuously reassess their best liquidity alternatives.
We act as an independent partner across the full liquidity lifecycle—from diagnostics and strategy through transaction design, execution support, and post‑deal learning
We provide an ongoing, actionable liquidity strategy before you engage with counterparties:
Hold‑versus‑sell decision analysis
Secondary pricing analysis
Optimal liquidity transaction type analysis given your objectives and constraints
Portfolio construction analysis for liquidity transaction types
Client Benefits
Liquidity as a Strategy, Not an Event
Replace reactive, expensive, one-off processes with a repeatable liquidity planning framework.
Evaluate the full menu of alternatives before urgency narrows the field of viable options.
Align GP leadership, LP stakeholders, advisors, and internal teams around a clearer decision path and execution plan.
Improve preparedness for fundraises, portfolio transitions, and distributions by embedding liquidity review into regular strategic planning.
Our Team
15+ Years Experience as LPs, GPs, Secondary Advisors
Comprised of former limited partners, general partners, attorneys, and secondary advisors.
Our team has completed numerous secondary transactions across:
01
Interests in private capital funds, including buyout, venture capital, feeder funds, and offshore structures.
02
Direct and structured interests in securities of private companies.
03
Multiple deal types e.g. NAV loans, structured JVs, continuation funds
Contact Us
Lets talk about your private markets portfolio
If you seek to manage recurring liquidity objectives and stop one-off fire drills, Caldwell Partners can help.
The information contained in this website is for informational and discussion purposes only and does not constitute investment, legal, tax, or accounting advice, nor an offer to sell or a solicitation of an offer to buy any securities or financial instruments. This website reflects views and opinions as of July 27, 2026 and is based on information estimated by Caldwell Partners, LLC or obtained from sources believed to be reliable. However, no representation or warranty, express or implied, is made as to the accuracy, completeness, or timeliness of such information. Market conditions, economic environments, and other factors may change rapidly and without notice, and Caldwell Partners, LLC undertakes no obligation to update or revise this material.
Caldwell Partners, LLC provides strategic consulting services related to liquidity planning and capital solutions for general partners (GPs), limited partners (LPs), and pre-IPO companies. Any references to specific transactions, structures, or market opportunities are illustrative in nature and may not be suitable for all clients or applicable to all situations. Past performance or historical trends are not indicative of future results. Recipients of this website should not rely solely on the information herein and are encouraged to conduct their own independent analysis and seek advice from their own professional advisors before making any financial or strategic decisions. Certain statements contained in this website may constitute forward-looking statements, which are inherently subject to risks, uncertainties, and assumptions. Actual outcomes may differ materially from those expressed or implied.
