GP-led processes overtook traditional LP deals as a proportion of secondaries volume in 2020, and now account for around half of transaction volume.
2 min read · 13 March 2023
Processes that don’t offer a status quo option have begun to crop up more frequently in the GP-led market.
3 min read · 13 March 2023
As some GPs attempt to codify the removal of LPAC review and consent for continuation vehicles, they will face a ream of objections among investors.
8 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
There is misalignment between investors and GPs on the topics of obstacles, red flags and expectations, a Capstone survey finds.
2 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
