General Partners

The firm has invested in companies like Coupang, Carvana, Databricks, Flipkart, Discord, Stripe and Wiz.

New Catalyst Strategic Partners offers seed and growth capital to help launch and scale emerging managers. Founder and managing partner Jason Howard shares his view of the current market.

But it’s still a tough market for new GPs, given continued fierce competition for scarce investment capital.

The fee treatment of co-investment continues to vary dramatically from fund to fund.

The role of co-investing has continued to grow across the market cycle, providing valuable benefits to GPs and their partners.

The SEC private fund rules will provide a regulatory framework around GP-led secondaries, ultimately supporting their continued growth, say Tim Toska and Emily Ergang Pappas of Alter Domus.

Going beyond standard commitment expectations in continuation fund transactions can help sponsors demonstrate alignment.

Maturing market attracts a more regular flow of LP and GP sellers as the buyside expands.

More transactions are using a delayed payment structure in a bid to bridge mismatches in pricing expectations.

Liquidity challenges seem to be fueling secondaries dealflow, presenting compelling opportunities for buyers, say Tristram Perkins, Ben Perl and Victor Ko at Neuberger Berman.