In light of lingering effects of the pandemic on many funds and uncertain and volatile markets, sponsors are increasingly looking for alternative solutions to generate liquidity for their investors.
A small but growing corner of the private markets secondary market — continuation funds — might expand as managers look for liquidity for limited partners in a time of few transactions. In a ...
After a surge of growth in recent years, a segment of the private equity secondaries market — called GP-led continuation funds — has been slowing down as investors become increasingly concerned about ...
As general partners increasingly use continuation funds to generate optionality within a fund, it is important for limited partners to align their interests with general partners in such situations.
Private equity investors are increasingly saying no to continuation funds, opting instead for the cash. According to Bain & Company's mid-year private equity report, a majority of investors (60 ...
Morning all, Craig McGlashan bringing you the Europe Wire from the London newsroom. We’ve been exploring some of the ways that private equity firms have been adapting to a still-slow exit market. This ...
Continuation funds emerged after 2008 to help fund managers transfer assets and raise new capital. They’ve grown as traditional exit options like M&A and IPOs became harder, especially during economic ...
More private-equity firms are using so-called continuation funds to extend their hold on certain assets and allow investors in older funds backing those assets to potentially cash out. But the ...
Continuation funds, otherwise known as GP-led secondaries, have become a key investment trend in the private equity landscape, accounting for between 45 to 60% of all global secondary market deal flow ...
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(Bloomberg) -- Private equity, the business of buying companies, fixing them up and selling them for a profit, is in a bind. The industry boomed during the era of low interest rates, when private ...