Trading Illiquid Assets With Taylor Garrett
b'In this episode of Strategic Investor Radio, host Charley Wright talks with Taylor Garrett. Mr. Garrett is Managing Director of Central Trade Transfer, a Salt Lake City-based firm that operates an \\u201ceBay-type\\u201d auction system for non-publically traded assets.
Garrett explains that Central Trade Transfer began as a marketplace for limited partnerships (\\u201cLPs\\u201d). Then, after the Financial Crisis, the firm reorganized in its \\u201c2.0 version\\u201d as an online auction platform for illiquid assets like non-traded real estate investment trusts (\\u201cREITs\\u201d) and business development companies (\\u201cBDCs\\u201d), private equity funds, venture capital funds, individual real estate assets, entire companies, and \\u201call shapes and sizes of LPs.\\u201d Garrett says most of Central Trade Transfer\\u2019s business has been with domestic assets, but there have been some international assets sold through its auction system, as well.'