Amy Carroll
Early engagement and regular communication with LPs are vital to avoiding roadblocks in the GP-led secondaries process.
Muted M&A activity and liquidity demands are prompting more sponsors to consider moving assets into continuation funds, but successfully completing a GP-led deal is more easily said than done.
Appointing an internal team to oversee a GP-led deal, and working with advisory and legal partners early, can help smooth what can be a time- and resource-intensive process.
As supply continues to outstrip demand, it is ever more important to clearly demonstrate why particular assets are well suited to a continuation fund process.
Heightened supply and the climbing cost of credit mean the pricing for infrastructure secondaries is increasingly attractive for buyers.
LPs are facing a difficult choice as they balance liquidity challenges with the deep discounts on offer in the secondaries market.
Our ranking of the biggest secondaries fundraisers reveals a market reaching an inflection point.
Our ranking of the biggest secondaries fundraisers reveals a market reaching an inflection point.
The financing tool sidesteps the bid-ask spread – an issue that can sometimes put potential secondaries sales on ice.
Structured solutions can provide much-needed liquidity without forcing LPs to crystalise a loss.