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I came across a blog post titled Mini-Tenders by MacKenzie (and Other Bad Actors) are a Losing Proposition for Shareholders on the website of Rialto, Inc., a “next generation marketplace.”  Apparently, Rialto provides a platform for buyers and sellers of non-traded assets to meet and negotiate the exchange of units for which there is no formal market.  This is a valuable service to the market, and I hope to see them succeed and thrive in the marketplace.MacKenzie Capital Management is an asset manager that has provided liquidity for non-traded securitiesSEE DETAILS