From listing
to transfer.
Three agents manage the entire secondary transaction — matching, legal, and financial — so the trade executes cleanly and compliantly.
The selling LP creates a listing on Tabularum's Forum, specifying the fund, commitment amount, unfunded obligation, and asking price. The listing is visible only to qualified, verified participants on the platform.
Lucio screens potential buyers based on their investment mandate, accreditation status, and allocation capacity. The highest-fit counterparties are surfaced to the seller with a compatibility score and transaction feasibility assessment.
Lucio — MatchingThe buyer reviews the fund's key metrics — NAV, vintage, strategy, and remaining commitment — and submits an indication of interest. Both parties enter a structured negotiation flow with term sheet generation.
Gaio drafts a jurisdiction-appropriate transfer agreement, incorporating GP consent requirements, ROFR (right of first refusal) provisions, and any fund-specific transfer restrictions from the LPA. The agreement is presented for e-signature.
Gaio — LegalUpon execution, Mila updates the fund's capitalisation table to reflect the new LP. Ownership percentages, unfunded commitments, and historical capital account balances are transferred seamlessly to the buyer's record.
Mila — Cap TableThe complete transaction record — listing, negotiation, transfer agreement, GP consent, and cap table change — is compiled into an immutable audit trail. Both parties receive confirmation and updated LP portal access.