Skip to main content

Selling Your Position

Creating a Listing​

How do I create a listing?​

  1. Navigate to the Marketplace.
  2. Click Sell on the fund you want to sell.
  3. Choose the amount of NAV you want to sell.
  4. Click the Continue button.
  5. Set an indicative price (optional – you can choose to show or hide this from buyers).
  6. Click the Confirm my Preferences button.
  7. (Optional) Click the Download button to review the template agreement.
  8. Click the Submit button to complete the position listing.

Setting a visible indicative price can attract more serious bidders, while hiding it may encourage more competitive bidding.

Reviewing Bids​

How do I review bids on my listing?​

  1. Navigate to your dashboard.
  2. Click My Offers to view all of your pending offers.
  3. Click Review Bids to see all submitted bids in one place.
  4. Review each bid's amount, pricing details, buyer information, and submission date.
    Note

    Compare bids by sorting by amount, date, or other criteria.

  5. Select the bid you want to award and click Award Bid to designate them as the winner.
Important

You're not obligated to accept any bid. The Bidding Window has a deadline, so plan your timeline accordingly.

Making Counter-Offers​

How do I counter a bid?​

  1. Navigate to your dashboard.
  2. Click the My Offers tab to view your active offers.
  3. Click the Review Bids button.
  4. Find the bid you want to counter and click Counter.
  5. Enter your counter terms (adjusted price).
  6. Click the Submit Counter button to apply changes.

The buyer will be notified and can accept, counter back, or withdraw. You can counter multiple buyers simultaneously to maximize competition. All counter history is preserved for tracking.

Best Practices: Be responsive – quick replies keep buyers engaged. Be realistic – dramatic counters may discourage buyers.

Awarding a Winner​

How long must I wait before awarding a winner?​

A minimum of 15 days must pass after the Bidding Window opens before you can award a winner. This is a regulatory requirement.

How do I award a winning bidder?​

  1. Navigate to your dashboard.
  2. Click the My Offers tab to view all active offers you have made.
  3. Click the Review Bids button to examine all submitted bids for this offering.
  4. Select the bid you want to award and click Award Bid to designate them as the winner.

Why should I select backup buyers?​

Selecting backup buyers is highly recommended because:

  • The process is non-binding until legal documents are signed.
  • Winners have only 2 days to confirm their commitment.
  • If they withdraw, your first backup is automatically notified and assigned.
Without backups

If your winner withdraws, your listing is cancelled and you must wait 60 days to re-list.

Re-Listing Rules​

When can I re-list a position that didn't sell?​

If your listing doesn't result in a completed transaction, you must wait a minimum of 60 days before re-listing the same position. This applies if:

  • Your listing was automatically delisted after 120 days
  • You didn't receive any bids
  • You didn't award any bidder
  • No buyers confirmed being awarded
  • You manually removed the listing