Invico Capital Corporation

Invico
Secondaries

Unlock value in private markets through targeted participation in overlooked secondary 
opportunities. Invico Capital Corporation leverages its deep relationships and niche 
expertise to capture upside in illiquid and discounted funds, particularly in small-cap, illiquid hedge fund and private equity interests, where market inefficiencies and investor fatigue create compelling entry points.

Unlocking Value
in the Secondaries
Market

Invico participates in the private secondaries market by acquiring hedge fund and private equity fund interests at attractive discounts to net asset value (“NAV”), often in areas where traditional secondary buyers lack scale or appetite. These off-market opportunities enable us to deliver enhanced, risk-adjusted returns and support the liquidity needs of existing investors. We also pursue co-investment opportunities by partnering with capital-constrained hedge funds to enhance returns from illiquidity.

Strategy

Focus

Illiquid hedge fund side pockets, private equity fund interests, and co-investments

Target Opportunity

Size

$10MM – $50MM per deal

Entry 

Discounts

20-60% below NAV

Geographic

Focus

North America and Europe

Return

Profile

15-25% target net IRR 

The

Approach

Non-competitive transactions sourced through long-standing institutional relationships

Why Invico Secondaries?

The secondaries market allows investors to access mature, de-risked assets with enhanced transparency 
& shorter time horizons to realization. Invico leverages its extensive industry relationships and rigorous due diligence process to target undercapitalized opportunities in segments often bypassed by larger secondary players, delivering risk-adjusted returns.

Investor benefits include:

Access to seasoned private investments at discounted valuations
Reduced blind pool risk with greater visibility into underlying assets
Potential for shorter-duration cash flows
Portfolio diversification across strategies and geographies
Opportunity to unlock value in tail-end fund interests

STRATEGY

Invico Secondaries
Strategy

Illiquid Hedge Fund Interests

Invico’s secondaries strategy focuses on acquiring tail-end hedge fund side pockets that are often complex or illiquid positions at substantial discounts, providing exit liquidity to fatigued Limited Partners.

Private Equity Fund Interests

Invico participates in smaller, often overlooked private equity fund secondaries, benefiting from deal-by-deal pricing inefficiencies and long-standing relationships.

Co-Investments

We selectively co-invest alongside high-quality General Partners where capital constraints create opportunity for outsized returns tied to illiquidity premiums.

Why
Now?

Net outflows in hedge funds, combined with increased deal flow in private equity secondaries, are creating a supply-demand mismatch. Invico’s access and underwriting capabilities allow us to capitalize on this moment.

PARTNERS

Institutional
Collaboration

Through strategic partnerships with globally-recognized investment institutions, Invico provides investors with access to a curated pipeline of small-cap secondary opportunities that are often unavailable through traditional channels.

Award-Winning

Invico Capital Corporation

Institutional Investment Partners

Trusted Globally

How We Do It

We actively engage in initiatives that support the advancement of women in finance by partnering with organizations in the community. These collaborations allow us to contribute to industry discussions, mentorship opportunities, and programs that help break down barriers for women in the field.

Invico Secondaries
Case Study

Recent Participation Example: LP Stake in a Large Secondaries Portfolio

Invico has participated in a series of closed-end secondary opportunities on a deal-by-deal basis, enabling investors to gain exposure through co-investment vehicles or parallel structures managed by the firm.

Purchase Price: 50.5% of NAV
Top Holdings: Public equity, real estate/legal claims,
aircraft leasing
Projected Returns: 20% IRR, 1.52x MOIC, 2.5-year average life
Portfolio diversification across strategies and geographies
Source: Direct relationship with Manager, selected as the only participant.

HOW

How to Invest

Invico offers flexible investment options for both institutional and individual investors.

Institutional Investors & Financial Advisors

Connect with our sales team to learn more about incorporating Invico’s alternative investment funds into your portfolio.

Individual

Investors

Speak to your financial advisor about investing in IDIF and other Invico funds.

Offering

Documents

Contact us to schedule a call with our Secondaries team to learn how you can gain access to Invico Secondaries.

contact

Let’s Connect

Interested in learning more about investing in alternative investments or our financing solutions? Contact our team for more information.