Position Holders
For LPs, GPs and funds with residual, illiquid or stressed private-market positions requiring liquidity, recovery or realisation.
Evenflow provides a structured route for stranded APAC private-market positions where value remains, but liquidity, fund life, manager capacity or conventional exit routes have broken down. The proposition combines ADM Capital’s investment-management platform with Trident Capital Advisors’ restructuring and work-out execution capability.
When This Becomes Relevant
Many private-market positions still contain recoverable value, but remain trapped by fund life, liquidity pressure, manager capacity, governance limitations or a broken exit path.
Who This Is For
Evenflow is designed for holders of identifiable stranded, illiquid or residual private-market positions where a structured path to recovery or realisation is required.
For funds approaching the end of term where residual positions are blocking closure, distribution or LP alignment.
For investors holding illiquid interests or seeking a route to oversight, recovery or realisation where the original structure is no longer delivering.
For holders of stressed, residual or private-credit exposures requiring structured management, enforcement or work-out execution.
Structured Route
Evenflow is designed to create an alternative route for stranded positions that can no longer be efficiently held, managed or realised within the original structure.
Provide an alternative path for LP interests, residual assets or stressed positions that can no longer be efficiently held, managed or realised within the original arrangement.
Hold, monitor, supervise or restructure the position through an appropriate investment-management, governance and reporting framework.
Execute the work-out strategy through sale, refinancing, restructuring, enforcement, asset recovery or other realisation routes.
Why Evenflow
Evenflow brings together two capabilities that are rarely integrated in a single route for stranded private-market positions.
ADM Capital contributes the investment-management platform, capital discipline, portfolio oversight and reporting framework required to hold and manage complex private-market positions.
Trident Capital Advisors contributes restructuring, enforcement, control and recovery execution required to stabilise assets, protect value and drive outcomes.
Capital Participation
Position-led origination. Situation-specific participation.
Evenflow is not positioned around a generic capital deployment mandate. It begins with identifiable stranded, illiquid or residual APAC private-market positions where a structured route is required. Where appropriate, selected situations may allow eligible institutional or sophisticated capital providers to participate alongside a clearly defined recovery, holding and realisation pathway.
Opportunities begin with identifiable stranded, illiquid or residual positions requiring liquidity, recovery, restructuring or realisation.
Capital participation, where applicable, is structured around the underlying position, recovery route, risk profile, holding period and expected realisation pathway.
Any participation would be limited to eligible institutional or sophisticated investors and subject to investor qualification, offering documentation, regulatory requirements and agreed terms.
Relevant Position Profile
Evenflow is designed for stranded, illiquid or residual APAC private-market positions where underlying value remains, but liquidity, fund life, manager capacity or conventional exit routes have broken down.
LP interests, residual fund assets, stressed portfolio positions, end-of-life fund holdings and other illiquid private-market exposures.
Situations where value realisation may require investment-management oversight, governance intervention, restructuring, enforcement, recovery execution or a managed work-out strategy.
Focused on institutional-scale positions where the potential recovery or realisation outcome justifies a structured, partner-led approach.
A conversation can begin with the position, the constraints and the outcome you are trying to achieve.