The phenomenon of private equity firms essentially selling portfolio companies back to themselves has grown rapidly in recent ...

The worst M&A and IPO environment in over a decade is forcing many VC firms to consider selling their startup stakes to secondary buyers in order to return capital to LPs. While VCs are exploring all ...

Over the last 10 years, continuation funds have evolved to be a well-established potential exit route for private fund sponsors. According to advisory estimates, some $40 billion deals were completed ...

Parthenon Capital Partners is pitching investors on a secondary transaction that will allow it to hold on to credit grader Kroll Bond Rating Agency for longer, according to people with knowledge of ...

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The Institutional Limited Partner Association (ILPA) published new guidance on May 15, 2023, relating to continuation funds. The guidelines build on ILPA's prior (2019) guidance on best practices for ...