Dechert Advises Collective Liquidity on Highly Innovative Exchange Fund Platform Designed for Unicorn Shareholders
December 05, 2022
Dechert LLP advised Collective Liquidity, the first wealth management tech platform for unicorn shareholders, on the launch of its innovative liquidity and risk management platform based on the established operational elements and tax efficiencies of exchange funds.
The platform’s unique products address three of the biggest problems in the private market today: (1) pricing opacity, (2) over-concentration and (3) illiquidity, while providing unicorn shareholders with the financial tools and products to effectively manage their wealth. The fund enables users to exchange their unicorn shares tax-free for an interest of equal value in a diversified portfolio of shares in some of the world’s top unicorns.
The Collective Liquidity team is a long-standing client of Mark Perlow, and the Dechert team that advised on this product included financial services partners Timothy Spangler and Sonia Gioseffi and associates Phillip Garber, Alejandra Freer and Jooyoon Chang; global tax partner Ari Zak and associate Mansi Seth; and finance and real estate partner Linda Bartosch.
About Dechert
Dechert is a leading global law firm with 21 offices around the world. The firm advises on matters and transactions of the greatest complexity, bringing energy, creativity and efficient management of legal issues to deliver commercial and practical advice for clients.
Related Professionals
