How often do LPs try to exit syndication offering before sponsor/GP exit?

[Dan H.]

I would like to know how often LPs try to divest from syndication prior to the GP/sponsor exiting the syndication.  

I would like to get responses from multiple GPs/sponsors.   i am trying to gauge the usefulness of a service that I think will not have much demand. 

Thanks

@brian burke 

@brandon turner

@paul Moore

@tyler cauble

@brian murrat

@Dave Van Horn

@jay Hinrichs 

@andrew Cushman

@matt faircloth

@liz faircloth

[Brian Burke]

If you mean "how often do LPs try to sell their positions," I can count on one hand all the ones I can remember, and that's over more than two decades, $400 million equity, and well over 2,000 investors.  

If you are thinking of creating a secondary market of some sort, you'd be the third person in the last 5 years that I've talked to and answered this exact question.  Haven't seen the other two come to fruition...or if they have, I haven't found out.

Demand might be really high right now, but it would likely be dominated by people trying to find someone to pay the full contributed capital for worthless positions in failed deals.