GP-Led Continuation Vehicles Explained: How Peterson Partners Kept Kelso Industries
    Private Equity

    GP-Led Continuation Vehicles Explained: How Peterson Partners Kept Kelso Industries

    On September 9, 2026, Peterson Partners closed a $510 million capital raise for Peterson Kelso Coinvest, LP, a single-asset continuation vehicle for Kelso Industries, a national mechanical, electrical

    Jeff Barnes, MBA··11 min read
    PennantPark Raises $745 Million for a Credit Continuation Fund
    Alternative Investments

    PennantPark Raises $745 Million for a Credit Continuation Fund

    PennantPark closed a $745 million GP-led credit continuation fund backed by Pantheon, moving first-lien loans from seven aging funds into PCS and giving LPs a cash-out or roll-forward option.

    Jeff Barnes, MBA··10 min read
    Peterson Partners Raises $510 Million Continuation Vehicle for Kelso Industries: What the Deal Reveals About GP-Led Secondaries
    Private Equity

    Peterson Partners Raises $510 Million Continuation Vehicle for Kelso Industries: What the Deal Reveals About GP-Led Secondaries

    TL;DR: On September 9, 2026, Peterson Partners closed a $510 million capital raise for Peterson Kelso Coinvest, LP, a single-asset continuation

    Jeff Barnes, MBA··10 min read
    EQT Closes Coller Capital Deal as Secondaries Market Hits Record $120 Billion
    Market Analysis

    EQT Closes Coller Capital Deal as Secondaries Market Hits Record $120 Billion

    EQT's closing of the Coller Capital deal lands amid a record $120 billion H1 2026 secondaries market.

    Jeff Barnes, MBA··10 min read
    Carrick Capital Closes $600 Million Saviynt Continuation Vehicle at an 11x Gross Multiple: What LPs Should Actually Weigh
    Private Equity

    Carrick Capital Closes $600 Million Saviynt Continuation Vehicle at an 11x Gross Multiple: What LPs Should Actually Weigh

    Carrick closed a $600 million Saviynt continuation vehicle, giving LPs an 11x gross, 10x net cash out or a concentrated new bet.

    Jeff Barnes, MBA··10 min read
    The Continuation Fund Conflict Wave Is Just Getting Started
    Private Equity

    The Continuation Fund Conflict Wave Is Just Getting Started

    TL;DR: Only 3 of 43 LP Advisory Board members voted to approve a $1.5 billion continuation vehicle, and the deal closed anyway. That single data point from ADIC v. EMG, Delaware Court of Chancery, C.A

    Jeff Barnes, MBA··11 min read
    Private Equity Secondaries Hit Record $121B in H1 2026: What LPs Need to Know
    Market Analysis

    Private Equity Secondaries Hit Record $121B in H1 2026: What LPs Need to Know

    The private equity secondaries market closed H1 2026 at $121 billion in volume — a record first half. GP-led secondaries hit $65 billion, up 35% year-over-year. The full year is tracking to $250-260

    Jeff Barnes, MBA··7 min read
    Townsend's $2B Real Estate Secondaries Raise: Why Institutional Capital Is Flooding This Niche
    Real Estate

    Townsend's $2B Real Estate Secondaries Raise: Why Institutional Capital Is Flooding This Niche

    Townsend's $2B Real Estate Secondaries Raise: Why Institutional Capital Is Flooding This Niche By Jeff Barnes, MBA | July 29, 2026 | Angel Investors Network TL;DR: Townsend Group has raised more than

    Jeff Barnes, MBA··10 min read
    SEC Probes Continuation Vehicles: What Accredited Investors in GP-Led Funds Must Know Now
    Regulatory & Compliance

    SEC Probes Continuation Vehicles: What Accredited Investors in GP-Led Funds Must Know Now

    TL;DR — What You Need to Know The SEC is actively investigating continuation vehicles (CVs) for conflicts of interest, valuation manipulation, and inadequate LP disclosures. This is not a future risk;

    Jeff Barnes, MBA··10 min read
    Continuation Funds: How PE Managers Restart the Fee Clock on Their Best Assets
    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