Alternative Investments
Continuation Funds: The LP Liquidity Trap Hiding in Plain Sight
TL;DR: A continuation fund lets a private equity GP transfer its best-performing assets from an aging fund into a brand-new vehicle, collecting fees all the while. As an LP, you get a choice: take
Jeff Barnes, MBA··10 min read
Alternative Investments
Continuation Funds: How PE Managers Restart the Fee Clock on Their Best Assets
Continuation Funds: How PE Managers Restart the Fee Clock on Their Best Assets GP-led secondaries hit $71 billion in 2024 — a 39% jump from the prior year , according to Evercore's Full-Year 2024 S...
Jeff Barnes, MBA··10 min read