Claims
- 1. A transaction system for providing liquidity to an equity alternative investment fund, the transaction system comprising:
a plurality of fund investors; an alternative investment fund in which the fund investors commit to the investment of alternative investment funds, the alternative investment fund managed by a fund manager; a structure operated in conjunction with the alternative investment fund, the structure managed by a structure manager; a plurality of structure investors, the structure investors investing structure funds into the structure; and the structure providing at least one fund investor with an option to designate cash distributions of the alternative investment fund, which are made available to the at least one fund investor, to the structure; and wherein the at least one fund investor obtains a liquidation of alternative investment funds upon the designation of the cash distributions of the alternative investment fund.
- 2. The system of claim 1, wherein the designation of the cash distributions of the alternative investment fund, by the at least one investor, includes the designation of the initial cash distributions which are made available to the at least one fund investor.
- 3. The system of claim 2, wherein the initial cash distributions of the at least one fund investor are covered by an insurance wrap.
- 4. The system of claim 2, wherein the initial cash distributions of the at least one fund investor are evaluated by an evaluation agency, the evaluation agency providing information regarding the evaluation to the structure investor.
- 5. The system of claim 2, wherein the initial cash flows constitute the first twenty-five percent of cash flows once the alternative investment fund is fully funded.
- 6. The system of claim 1, wherein the alternative investment fund is at least one of a private equity fund and a venture capital fund.
- 7. The system of claim 1, wherein the fund manager and the structure manager are in active partnership to advance the alternative investment fund and the structure.
- 8. The system of claim 1, wherein the structure uses the form of a trust.
- 9. The system of claim 1, wherein the at least one fund investor is a first fund investor, the plurality of fund investors further including a second fund investor, and
wherein the second fund investor does not participate in the structure.
- 10. The system of claim 1, wherein the fund manager is a general partner of the alternative investment fund.
- 11. The system of claim 10, wherein plurality of fund investors are each limited partners in the alternative investment fund.
- 12. The system of claim 1, wherein the structure pools the designation of cash distributions of the alternative investment fund, which are made available to the at least one fund investor, with interests in cash flows from other alternative investment funds.
- 13. The system of claim 12, wherein the designation of the cash distributions of the alternative investment fund, by the at least one investor, includes the designation of the initial cash distributions which are made available to the at least one fund investor; and
the interests in cash flows from other alternative investment funds involves the initial cash distributions of each respective other alternative investment funds.
- 14. The system of claim 1, wherein the structure manager provides a guarantee of any unfunded commitments in the alternative investment fund.
- 16. A method for providing liquidity to an alternative investment fund, the method comprising:
providing a set of contractual obligations to enforce an agreement that improves the liquidity position of an entity; and effecting the flow of value, based on the contractual obligations, by assuring that certain value flowing, arising from an alternative investment interest controlled by the entity, will be diverted to the benefit of a liquidity provider.
- 17. The method of claim 16, wherein the value flowing is a cash flow.
- 18. The method of claim 16, wherein the alternative investment interest is an equity interest.
- 19. The method of claim 16, wherein the entity is a general partner of the alternative investment interest.
- 20. The method of claim 16, wherein the entity is a limited partner of the alternative investment interest.
- 21. A transaction system for providing liquidity to an alternative investment fund, the transaction system comprising:
a plurality of fund investors; an alternative investment fund in which the fund investors commit to the investment of alternative investment funds, the alternative investment fund managed by a fund manager; a structure operated in conjunction with the alternative investment fund; a plurality of structure investors, the structure investors investing structure funds into the structure; and the structure providing at least one fund investor with an option to designate cash distributions of the alternative investment fund, which are made available to the at least one fund investor, to the structure; wherein the at least one fund investor obtains a liquidation of alternative investment funds upon the designation of the cash distributions of the alternative investment fund; and wherein the structure pools the designation of cash distributions of the alternative investment fund, which are made available to the at least one fund investor, with interests in cash flows from other alternative investment funds.
CROSS REFERENCE TO RELATED APPLICATION
[0001] The subject matter of this application is related to the subject matter of provisional application U.S. Serial No. 60/337,177 filed Dec. 10, 2001, assigned or under obligation of assignment to the same entity as this application, from which application priority is claimed for the present application. Provisional application U.S. Serial No. 60/337,177 is incorporated herein by reference in its entirety.
Provisional Applications (1)
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Number |
Date |
Country |
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60337177 |
Dec 2001 |
US |