Private Markets. Secondary Opportunities.

A new chapter
for private assets.

Stoneledge Capital pursues secondary opportunities across private markets, from LP interests and private credit to individual company stakes and portfolio roll-ups. We provide a path to liquidity for existing owners and seek long-term value through disciplined acquisition, focused ownership, and thoughtful realizations.

Introduction

When ownership priorities change, opportunity takes shape.

Investment timelines and business timelines do not always align. A fund may be approaching the end of its life. A firm may be narrowing its focus. An LP may be rebalancing commitments. A lender may be reviewing an existing credit position. An owner may need liquidity while an underlying investment continues to develop.

Stoneledge Capital evaluates these transitions with attention to both the seller's objectives and the investment's next chapter. We seek transactions with a sound basis for ownership, a practical structure, and a credible path to realization.

Our Approach

Three disciplines.
One investment approach.

Pillar IAcquire

Acquire

Provide liquidity. Invest with conviction.

Provide liquidity through carefully underwritten purchases of fund interests, company stakes, private credit positions, and portfolios.

What this includesLP-led and GP-led secondaries, direct single-asset purchases, private credit secondaries, portfolio acquisitions, and portfolio roll-ups.
Pillar IIStrengthen

Strengthen

Bring focus to ownership.

Bring focus to ownership through selective consolidation, investment oversight, and targeted support aligned with our rights and capabilities.

What this includesOwnership consolidation where practical, clearer information and oversight, and targeted support tied to an investment-specific plan.
Pillar IIIRealize

Realize

Turn progress into proceeds.

Pursue liquidity when business progress, transaction conditions, and investment economics support a sale or other realization.

What this includesMilestone-based exit planning, transaction readiness, and selective partial or full realizations.

Investment Focus

Built around existing assets and changing ownership needs.

01

LP and fund interests

Existing positions in venture capital, private equity, private credit, and other selected private market funds.

02

Direct and single-asset purchases

Individual company stakes, co-investments, SPV interests, and existing credit assets.

03

Private credit secondaries

Existing loans, loan participations, credit portfolios, and interests in private credit vehicles.

04

Portfolio acquisitions and roll-ups

Purchases of asset groups from one seller or coordinated acquisitions across multiple holders.

05

GP-led and structured transactions

Continuation investments, portfolio strip sales, and tailored partial-liquidity arrangements.

06

Tail-end and non-core positions

Remaining holdings and exposures that no longer fit an owner's priorities.

Value Creation

A plan beyond the purchase.

Our work begins with the underlying assets, their capital structures, and the rights and obligations we would acquire. We assess where better information, coordinated ownership, strategic support, or additional capital could make a difference. We then weigh those opportunities against cost, risk, and the time required to realize value.

For Sellers

Considering liquidity for a position or portfolio?

We welcome conversations with fund managers, LPs, lenders, and other owners evaluating a secondary sale. Whether you are reviewing one investment or a group of holdings, we begin by understanding your objectives and assessing transaction fit.

Team

Experience that understands the transaction.

José M. Padilla

Meet the people behind Stoneledge Capital and the experience they bring to evaluating businesses, structuring transactions, and navigating ownership transitions.

Meet the Team ↗

Let's discuss the next chapter.

For secondary sales, portfolio opportunities, and strategic capital relationships, start a conversation with Stoneledge Capital.