Two desks in one: partners' mandates, portfolio divestitures

What does the portfolio track cover?

Operational improvement plans often identify assets that no longer serve the investment thesis. Examples include a corporate aircraft, a founder's art displayed at an office, or a vehicle collection owned by a portfolio company. A rushed public sale can weaken the price and expose the seller's position. We prepare a controlled process, test the value against relevant sales, and limit disclosure to qualified parties.

• Valuation against closed transactions. The deal team receives a clear basis for the asking range.
• Documentation preparation. Maintenance records, provenance, title, and authority to sell are organized before buyer outreach.
• Quiet sale process. Qualified buyers receive controlled access, without a broad distressed-sale signal.
• Completion file. The sale process, relevant comparables, approvals, and counterparty checks are recorded.

What does the personal track cover?

The same desk runs personal mandates for the firm's partners and senior operators. The mandate can cover an acquisition or a sale in any supported asset class. Personal transaction details remain separate from fund reporting unless the individual asks us to share them.

Standing reviews of partners' holdings: wealth management advisory →

Why a standing partnership beats per-deal sourcing

• Counterparty diligence on us happens once, not per transaction
• Pre-agreed NDA and engagement terms reduce repeat onboarding work
• One desk learns your firm's standards and keeps the history
• Economics agreed up front and disclosed in writing

Which private equity situations fit this service?

The best fit is a fund, operating partner, or portfolio finance team that needs specialist execution but does not want to build an internal passion-asset desk. A trigger can be a corporate aircraft identified during a cost review, an asset left after a carve-out, a collection that must be separated before closing, or a partner who needs a private acquisition adviser after a liquidity event.

We also support a planned exit when the asset file is incomplete. Early preparation gives the seller time to collect records, confirm ownership, commission specialist inspections, and resolve gaps before a buyer uses them to reduce the price. We do not promise a sale date or a price. We show what the evidence supports and explain which variables can change the outcome.

What must the fund provide before market outreach?

We need a named decision-maker, proof that the seller controls the asset, and a clear approval path. The evidence depends on the category. An aircraft file can include ownership and registration records, maintenance status, damage history, equipment details, and the operating context. Art, watches, bags, and cars require their own ownership, provenance, service, condition, and authenticity records.

If documents are missing, we define the gap and the specialist review needed. The fund, portfolio company, and their advisers decide how to cure it. Passion Asset Advisory does not replace legal counsel, tax advisers, auditors, technical inspectors, or regulated financial advisers. We coordinate the transaction record and keep each specialist inside the agreed scope.

How are scope and fees agreed?

Every mandate starts with a written scope. It names the represented party, the asset, the approval gates, the reporting audience, and any conflict that must be disclosed. The agreement also states the fee method and the point at which a fee becomes due. A portfolio divestiture, a personal acquisition, and a standing referral arrangement can require different terms, so we do not apply one undisclosed model to every case.

For a useful first discussion, send the asset category, ownership context, target timing, known document gaps, and the person authorized to approve next steps. Do not send sensitive files through an open introduction. We will confirm the NDA route and return a proposed mandate structure.