Hannah Zhang
The treatment of co-investments in continuation vehicles could provide guidance on how things may play out when PE-backed portfolio companies with a broad-based employee stock ownership plan are rolled into a CV.
LPs are increasingly seeking out specialists when investing in the challenging consumer sector.
The US-based mid-market specialist launched its 12th PE flagship in December with a $750m target, according to pension documents.
Tokenised secondaries funds are a great match for first-time investors in private markets, says Securitize co-founder Jamie Finn.
There are multiple ways an LP can avoid having to take the last resort route of suing a GP over return of paid-out carry.
There could be almost $80bn of NAV in funds where carry is owed back to LPs that have backed US vehicles, according to research from Upwelling Capital Group.
The $257bn pension has been seeking alternatives to secondaries sales to avoid taking massive discounts in such transactions.
Julia Kohen and Jennifer Levitt will succeed Mary Touchstone, who helped to establish the group.
Secondaries fundraisers find success through specialisation.
The market’s largest legal advisers worked on more than $800bn of transactions last year, marking their second busiest annual period.