WHO WE HELP
Hold an illiquid investment or represent someone who does? AIL works with investors, financial advisors, brokers, attorneys, and trustees to review holdings for potential purchase by our affiliated buying entity, Baron De Biltmore, LLC. Start with the investment name and approximate position size, or explore the resources below for your role.
Whether you own an illiquid investment or represent its owner, start here. Explore how AIL reviews holdings for potential purchase, what information is needed, and how we coordinate with investors and their representatives.
Considering a sale of an illiquid holding? Learn how to request a review, consider any purchase offer, and understand the steps required to transfer ownership.
For Investors →Evaluate a potential sale within your client’s financial plan, including legacy or transferred-in holdings you did not originally recommend.
For Financial Advisors →Discuss one or several client positions for potential purchase consideration, with support for documentation and transfer coordination while you remain involved.
For Brokers →Explore a potential sale of holdings in an estate or trust, including purchase terms, ownership documentation, and transfer requirements relevant to administration.
For Attorneys & Trustees →AIL reviews illiquid investments for potential purchase by our affiliated buying entity, Baron De Biltmore, LLC. We help investors and their representatives understand purchase interest, proposed terms, and transfer requirements. AIL is not a broker-dealer or investment adviser, and not every review results in an offer.
Investment structure, available financial information, ownership amount, and account type.
Ownership restrictions, purchaser eligibility, and issuer or custodian procedures.
Proposed pricing, applicable fees or deductions, and conditions for completion.
Required documents, signatures, approvals, and transfer and payment steps.
Begin with the investment name and approximate position size. Client-identifying documents are not needed for an initial discussion. If further review is warranted, we’ll explain what supporting information is required.
Investors can involve their financial advisor, broker, attorney, or trustee throughout the process. We coordinate information requests and next steps according to the owner’s instructions and applicable firm requirements.
Investors and authorized representatives can begin with basic holding details. If our affiliated buying entity has potential interest, we’ll explain the information needed, discuss any proposed terms, and help coordinate the transfer if the owner chooses to proceed.
Share the investment name, approximate shares or units, and account type. Sensitive personal information and account documents are not needed for the initial discussion.
If further evaluation is warranted, we request relevant statements and investment documents. We review ownership, transfer restrictions, and purchaser eligibility with appropriate authorization.
If the affiliated purchaser makes an offer, the owner and their advisors can review the price, applicable fees or deductions, and completion conditions before deciding whether to accept.
After acceptance, AIL helps coordinate required documents, signatures, and issuer or custodian procedures. Transfer and payment follow the purchase agreement, subject to applicable approvals.
Answers for investors, financial professionals, trustees, and other authorized representatives exploring potential liquidity.
Selected holdings may be considered for purchase by Baron De Biltmore, LLC, an affiliated buying entity. AIL supports the review and transaction coordination process. AIL is not a broker-dealer or investment adviser, and a review does not guarantee an offer.
Either approach is welcome. Investors can begin directly or involve a financial advisor, broker, attorney, trustee, or other authorized representative. We coordinate communications according to the owner’s instructions and applicable firm requirements.
We review non-traded REITs, DST interests, private funds, limited partnerships, private placements, non-traded BDCs, interval funds, and other illiquid alternatives. Purchase interest depends on the specific holding, pricing, purchaser eligibility, and transfer requirements.
To research a holding, explore our REIT Directory, find trust programs in the DST Directory, or browse selected funds and partnerships in the Private Fund & Partnership Directory . Inclusion does not establish buyer availability or transfer eligibility.
Start with the investment name, approximate shares or units, and account type. Sensitive personal information and account documents are not needed for an initial discussion. You can contact AIL with basic holding details. If further review is warranted, we’ll explain which supporting documents are required and how to submit them.
Yes. Investors and authorized representatives can begin with a list of investment names and approximate position sizes. Each holding is evaluated individually, and purchase interest or terms may differ between positions. Representatives should obtain appropriate authorization before submitting client documents.
No. The affiliated purchaser may decline a holding because of pricing, investment condition, transfer restrictions, or other factors. AIL does not guarantee a purchase, another buyer, or an alternative exit.
Not necessarily. An offer may be below statement value, reported NAV, or original cost. It reflects the purchaser’s assessment of the holding and proposed purchase terms rather than an independent valuation.
Our guide to NAV, capital accounts, tax basis, and sale price explains why these figures can differ.
Proposed purchase terms identify the price and applicable fees or deductions so the owner can evaluate expected net proceeds. Issuer, transfer agent, custodian, or other third-party charges may also apply, depending on the holding and account. Review how each charge is allocated before signing a purchase agreement.
No. An inquiry or review does not commit the owner to sell. The owner and their advisors can consider any proposed terms before deciding whether to enter into a purchase agreement.
Begin with basic holding details and omit account numbers, Social Security numbers, and other sensitive information. Representatives can also leave out client names initially. Before sending supporting documents, confirm the submission method with AIL and obtain any required authorization.
Review timing depends on the investment and available information. After an offer is accepted, completion also depends on documents, signatures, any required Medallion Signature Guarantee, and issuer or custodian processing. There is no guaranteed completion date.
AIL helps coordinate the required documentation and transfer steps with the owner, authorized representatives, and relevant parties. Transfer and payment follow the purchase agreement, subject to applicable approvals and requirements.
Visit How It Works for an overview of the review and potential transaction process.
Whether you own the investment or represent its owner, start with the investment name and approximate position size. AIL can assess potential purchase interest from our affiliated buying entity, Baron De Biltmore, LLC, and explain the next steps. No sensitive personal information or account documents are needed for an initial discussion.