The Problem
The Market Shifted. Your Options Haven't.
Venture returns are taking longer than ever while secondary sales punish the sellers. Here's the gap most investors are stuck in.
Companies Stay Private Longer
The exit horizon has extended significantly. Unicorns now remain private for 10+ years on average.
Exit Markets Are Frozen
Exit activity is recovering but remains selective and well below historical norms. Thousands of private companies have no clear path to liquidity.
The Funding/Return Mismatch
Fund deployment cycles are 3-5 years but return periods are now 8-12 years. Investors will likely have four LP positions called before the first fund fully returns.
The Solution
Liquidity Without the Exit
Turbine offers a new path: Asset-Backed Lending. By borrowing against your positions rather than selling it, investors solve the liquidity crunch without sacrificing their asset’s potential.
Retain Ownership
Keep your portfolio intact and maintain control overyour investment strategyKeep the Upside
Maintain up to 100% exposure to future appreciation—capture the full value of your patient capital.Tax Efficient
Loans are generally not taxable events, preserving QSBS eligibility and deferring capital gains. Always consult withyour tax advisor for advice.
Personal GP Loans
Personal Loans for GPs, Backed by Your Carry
Flexible personal credit for general partners, including credit against carry and financing for your GP commitment. The loan is to you, not your fund.
See how much you can borrowCredit Against Carry
Get liquidity against carry you have earned but not yet received, without selling it.
Invest In Your Own Funds
Finance your GP commitment to the next fund, strengthening your alignment with LPs.
Investment Flexibility
Use it for any investment, such as your GP commit or a down payment on a house, without selling your carry or signaling to the market.
LP Loans
Helping LPs Stay Invested
Limited Partners face a constant challenge: maintaining strategic allocation targets while managing unpredictable capital call timing. Turbine provides the bridge betweencommitment and cash flow.
See how much you can borrowMeet Capital Calls
Meet capital calls over the fund cycle without selling positions or other assets at inopportune times.
Maintain Allocation
Keep your investment levels consistent from one fund to the next, avoiding forced concentration or underweight positions
Leverage Wealth
Access appreciated value to double down on winners or enter new vintages without liquidating existing positions.
Frictionless Access To Capital
Turbine underwrites your fund position using data science and machine learning.
GPs and LPs login to a secure portal to view their borrowing power based on current fund NAV.
Apply for a loan in minutes and access cash quickly.
