Tamarack Partners
Tamarack Secondaries Access
OpenRule 506(c)Accredited investorsFund (LP)
Private equity
Summary
LP-interest and GP-led continuation-vehicle secondaries in mid-market buyout funds, purchased at discounts to NAV.
Highlights
- Average purchase price targeted at 88% of NAV
- Mature portfolios with earlier distributions than primaries
- Diversified across 40+ underlying companies
Key terms
| Offering type | Rule 506(c), Regulation D |
|---|---|
| Structure | Fund (LP) |
| Target return | 1.8x target net multiple |
| Minimum investment | $250K |
| Raise size | $60M |
| Term | 6 yrs |
| Distributions | As realized |
| Final close | Feb 4, 2027 |
| Management fee | 1.0% on NAV |
| Carried interest | 12.5% over 8% pref |
Risks
Private placements are illiquid, speculative, and may lose some or all of the capital invested. Targets are not guarantees. Read the Private Placement Memorandum in the data room before investing.