Jeff Hammer, global co-head of secondaries at Manulife Investment Management, discusses issues from moral hazard in continuation funds to the ethics of stapled deals with senior editor Adam Le.
1 min read · 20 November 2023
The pension fund’s proposal covers processes that involve contributing additional capital in continuation fund deals.
2 min read · 16 November 2023
The ‘phone keeps ringing’ on continuation fund dealfow, according to the listed manager’s chief investment officer and chief executive Benoît Durteste.
2 min read · 16 November 2023
Crescent Capital Partners is moving an Australian healthcare recruitment business into a separate vehicle.
2 min read · 15 November 2023
Stefano Manna joins as head of GP advisory and will help the bank provide sponsors with a range of services including single- and multi-asset continuation funds.
2 min read · 06 November 2023
The multi-asset transaction includes SupplyOne, a maker of packaging supplies, equipment, safety products and janitorial supplies.
3 min read · 01 November 2023
The financial software and services investor is using a continuation fund to re-invest in two assets it agreed to partially exit this year.
2 min read · 26 October 2023
The software and services industries-focused firm has moved home and commercial services platform Apex Service Partners into a continuation fund in one of the largest deals of the year.
2 min read · 26 October 2023
While activity on the GP-led side has been slower, several large deals have gotten done with buyers choosing to work with high-quality assets managed by firms they know well.
3 min read · 25 October 2023
Traditional LPs contemplating GP-led focused funds have been intent on identifying examples of fully crystallised continuation funds in recent years.
2 min read · 24 October 2023