Hannah Zhang
TPG believes its GP solutions platform will scale similarly to the firm's other PE strategies, says CEO Jon Winkelried.
Gemspring plans to transfer Texas-based chemicals distributor Shrieve Chemical Company into a continuation fund.
The $550m multi-asset fund highlights the increasing adoption of the CV technology among mid-market sponsors.
Chirag Shah previously spent over a decade leading fund investments and co-investments at various institutional investors including DB Private Equity and GE Asset Management.
LP portfolio transactions deals don’t 'play to the strengths' of the Northern European powerhouse’s active ownership model, according to CFO Kim Henriksson.
The sector's rapid growth has impacted pricing in the secondaries market and shifted some large buyers' behaviour.
The treatment of co-investments in continuation vehicles could provide guidance on how things may play out when PE-backed portfolio companies with a broad-based employee stock ownership plan are rolled into a CV.
KKR bought a portion of the asset through a separate M&A process, which is understood to have been used to anchor pricing that the Evercore-advised CV transaction was based off.
The process highlights the potential use of GP-led technology for longer holds on restaurant chain businesses.
Hamilton Lane is seeing an 'extremely strong' dealmaking pipeline in infrastructure secondaries, according to the firm's head of infrastructure and real assets Brent Burnett.