We are familiar with nearly all of the issues involving an institution's decision to exit part or all of its private equity holdings. The benefits to considering a sale or a portfolio restructuring include:

• Generate cash and income from highly illiquid assets
• Return capital resources to core business objectives
• Reduce internal managerial expenses and overhead associated with managing investments
• Relinquish the burden of providing follow on capital for existing portfolio companies
• Participate in future growth of the assets through alternative transaction structures
• Reallocate assets into new areas as investment and liquidity objectives change
• Pursue a new investment strategy based upon a recycling of capital resources.