Reserve Fund II

Reserve the liquidity.

LP Liquidity & Co-Investment Reserve · $6.450B committed capital · Delaware LP.

Thesis

What Reserve Fund II holds.


7NINE77 Reserve Fund II holds LP-facing liquidity and co-investment capacity. It provides secondary-market bids for LPs that need liquidity mid-term, and it stands ready to co-invest alongside the twelve investment funds on out-of-strategy opportunities that require additional capital.

LP liquidity is the discipline that keeps a private platform durable. A committed reserve — sized independently of the investment funds — lets 7NINE77 offer transparent, pre-priced LP liquidity windows without cannibalizing distributions, and it gives the GP dry powder to lead co-investments alongside the platform.

Fund Terms

Consistent across the platform.

VehicleDelaware LP
Committed Capital$6.450B
Preferred Return8%
Carried Interest20%
GP Catch-up100%
LP Minimum$5M
Term10 yr + two 1-yr extensions
Operating KPIs

How we measure it.

PurposeLP liquidity and co-investment reserve
DeploymentSecondary LP bids, platform co-investments
IndependenceSeparate from investment fund NAV
GovernanceLP Advisory Board oversight
Reserve the liquidity.
Reserve Fund II · LP Liquidity & Co-Investment Reserve
Discuss Reserve Fund II

Investor Relations.

For institutional LPs, family offices, and corporate flight departments considering an allocation.