whippedprivate
Whippedprivate is a term that refers to a specific type of private equity fund that is structured to provide a high level of liquidity to its investors. The term "whipped" in this context refers to the practice of using derivatives, such as options and futures, to create a "whip" effect that forces the fund's general partner to sell its positions in the fund's portfolio at a predetermined price, regardless of the actual market value of the assets. This mechanism is designed to ensure that investors can redeem their shares at a predetermined price, providing them with a guaranteed return on their investment.
Whippedprivate funds are typically structured as closed-end funds, meaning that the number of shares is fixed
Whippedprivate funds are typically used to invest in a variety of asset classes, including real estate, infrastructure,