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The Boring Desk
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LP‑Led Secondary
Sell your LP stake to qualified buyers
NAV Lending
Borrow against fund interests at NAV
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How It Works
The Process
See each step from intake to close
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Mandate-matched deal flow
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The Process
A Transaction That’s
Tracked
Boring
Deal Agents
Agents do the
boring work.
the desk · delegation console
Illustrative
figures. Not a quote, an offer, or a record of executed trades.
1
/
5
Banker in the loop
The Boring Desk
Delegating: Extract K-1
Held for approval
1
Extract
Docs · Fields
2
Underwrite
Anchors · Clamp
3
CIM
Tables · QA gate
4
Match
Mandates · Fit
5
Outreach
Drafts · Approval
Extract K-1
Extract
Underwrite
CIM
Match
Outreach
Banker
Delegating: Extract K-1
Agents propose · the desk disposes
The Flow
Four documents in. One wire out.
Illustrative
figures. Not a quote, an offer, or a record of executed trades.
1
You upload
K1
K-1
LPA
LPA
CAP
Capital Account
Q4
Q4 Report
Verified
2
The desk runs the deal
The Boring Desk
Standing by
K-1
LPA
Capital Account
Q4 Report
1
Extract
queued
2
Underwrite
queued
3
Package
queued
4
Match & market
queued
5
Run the bid tape
queued
Top offer
$30.1M · 97% of NAV
above guidance
K1
LPA
CAP
Q4
3
Wire clears
Cleared T+1 in this example
$30,100,000
Success fee only on settlement
The Machine
What the desk actually does
Illustrative
A $4.2M LP interest
01
Received
02
Processing
03
Valued
04
CIM Ready
05
In Market
06
Bids In
07
LOI, PSA, consent
08
Closed
✓
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