Many managers have concluded they don’t want to lose out on future growth of assets they’ve developed over a number of years, and continuation funds provide a structure to make that happen.
3 min read · 28 April 2022
The investment bank brought in Evercore senior managing director Rodney Reid last year to head its global private funds advisory group.
2 min read · 27 April 2022
The boutique investment bank is bringing on executives from M2O and Lazard to work alongside secondaries advisory head Mike Custar.
2 min read · 25 April 2022
Innovative multi-asset transactions and deals that offer broad sector exposure are likely to be on the continuation fund menu this year, say Jeremy Duksin and Jonathan Abecassis in this sponsored Q&A.
5 min read · 20 April 2022
Funds set up to allow sponsors to hold assets for longer typically must satisfy both an IRR and MOIC hurdle, research from law firm Paul Hastings has found.
3 min read · 20 April 2022
Justin Johnson and Chad Rucker of valuations and fairness opinion provider VRC take a look at the regulator’s aims for continuation funds.
3 min read · 19 April 2022
Konnin Tam, Steve Lessar and Veena Isaac were fired by BlackRock Monday morning to pre-empt their departure, just as the firm returned to market with a new secondaries fund.
2 min read · 11 April 2022
The Conshohocken, Pennsylvania-headquartered alternatives manager is in market with its sixth secondaries fund, having raised $3.9bn for its predecessor.
1 min read · 11 April 2022
Writing the biggest cheque doesn’t necessarily mean you structured the transaction – or bothered to have a beer with the counterparty to get to know them.
3 min read · 07 April 2022
