As GP-led deals have evolved, so too have the terms designed to create alignment of interest between all parties, say Proskauer’s Jordan Hurwitz and Natalie Scott.
7 min read · 13 March 2023
More opportunities are opening up for buyers as GPs turn to the secondaries market for capital, but they must be selective if they are to achieve strong risk-adjusted returns, says Nate Walton at Ares.
5 min read · 13 March 2023
Access to trophy assets through transparent processes will underpin GP-led growth, say Evercore’s Alex Longden and Fred Stonell.
7 min read · 13 March 2023
Clear transaction rationale, defendable valuation positioning and a strong show of conviction from sponsors is helping buyers to get comfortable with continuation fund deals in a tough macro environment, says Matt Wesley at Jefferies.
7 min read · 13 March 2023
Proactively tracking assets across global themes can provide an early edge in continuation fund opportunities, say Partners Group’s Anthony Shontz and Roy Baumann.
6 min read · 13 March 2023
A fairness opinion from an independent provider will offer greater assurance to all parties in a GP-led deal, say Stout’s Kim Randolph and TJ Hope.
5 min read · 13 March 2023
Macro conditions are prompting a broader array of financing mechanisms in GP-led deals, which could help catalyse greater market adoption, say Investec’s Stuart Ingledew and Sharon Thandi.
5 min read · 13 March 2023
Increasing specialisation in the GP-led secondaries market is bringing evolving opportunities for investors, say Pantheon’s Amyn Hassanally and Charlotte Morris.
5 min read · 13 March 2023
Deal volumes are likely to pick up through 2023 as pricing uncertainty dissipates, says Jonathan Abecassis at Credit Suisse.
6 min read · 13 March 2023
