Palico Scales Secondary Market Platform With New Fee Structure

The updated fee structure introduces a tiered model where transaction costs decrease as deal sizes increase, set at 5 basis points for portions exceeding $50 million. By moving away from fixed-rate models, the firm aims to reflect the standardization of secondary market execution. This adjustment leverages the platform’s digital-native infrastructure, which connects buyers and sellers directly to bypass traditional intermediary friction.

Beyond pricing, Palico is deploying a price indicator tool to provide participants with directional estimates, intended to improve market transparency. Founder Antoine Drean noted that the firm’s evolution mirrors the broader transition of the LP-led secondary market from a relationship-driven, manual process to a regulated, digital-first environment. The platform currently maintains a network of over 1,000 secondary buyers, offering access to pre-vetted deal flow while maintaining seller anonymity until a binding bid is accepted.