---
title: How do I initiate a sale for my LP’s interest?
description: Step-by-step guide for deal leads to initiate a sale of an LP's interest on Sydecar, from the Transfers tab to KYC, signatures, and Sydecar's countersignature.
---

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# How do I initiate a sale for my LP’s interest?

Start the transfer from your SPV’s transfers tab and invite the new investor by email. After the new investor passes KYC and everyone signs, Sydecar countersigns.

1. On your SPV's cap table, select "Initiate a transfer," or start one from the "Transfers" tab.
2. Confirm the transfer acknowledgments.
3. Choose the investor and the amount to transfer, full or partial.
4. Choose “sale” for transfer type
5. Choose the effective date, or keep the default.
6. Enter the new investor’s email to send the invite.
7. The new investor will create a new profile and complete KYC/KYB
8. You and your existing investor will be prompted to sign the transfer agreement once the new investor creates a profile as passes KYC
9. Once all parties sign, Sydecar countersigns the transfer agreement
10. The transfer is effective on the date you chose, rather than the date you sign the agreement. The new investor is now a part of your SPV and will receive K-1s.
11. Any payment for the transfer is exchanged outside of Sydecar.

Still have questions? Contact our Deal Operations team at [operations@sydecar.io](mailto:operations@sydecar.io).

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