News

Travers Smith on key considerations for GPs selling themselves

Structural readiness, team alignment and investor engagement are among the main factors GPs and buyers consider in GP stakes deals, say Victoria Bramall and Alex Dixon, partners at Travers Smith.

GP stakes: No longer a niche industry

GP stakes investing in the US is seeing a surge of new participants and fresh capital flow.

'Performance anxiety' prompts a rethink for investors

The proportion of LPs seeking to invest more in private equity has been hit by performance concerns, while Europe looks to benefit from US uncertainty.

LPs drill down into GPs’ long-term resilience

When it comes to fund due diligence in an uncertain market, investors are upping their focus on commercial fundamentals and talent plans.

ESG: A gap between reality and perception

Climate risk, DEI and other sustainability factors are still a focus for many investors – and GPs, it seems – despite the recent backlash against ESG.

LPs cool slightly on emerging managers

Amid a muted exit environment, fewer investors are looking to back new funds, as the focus stays on more established GPs.

LPs have mixed feelings about artificial intelligence

While some investors feel positive about AI’s impact on operations, others remain cautious and are closely monitoring their GPs’ use of the technology.

LPs are expanding into more diverse secondaries strategies

New opportunities are arising for LPs, but there are ongoing pain points to address.

LP Perspectives 2026 Study – Methodology

How we conducted our annual study of LP views on private markets.