Legal

Fewer limited partnership agreements contain right of first refusal clauses, which is a good thing for the secondaries market, according to a law firm.

Fund restructurings have entered the mainstream, which means GPs need a better understanding of the legal and compliance risks involved in the strategy, write Gibson Dunn lawyers Candice Choh and Shawn Domzalski.

Proposed changes to private fund limited partnerships would benefit secondaries funds and secondaries investors in the UK.

The alternative assets specialists has advised on more secondaries deals so far this year than all of 2014.

The global law firm has hired the secondaries deals expert to expand its advisory capacity.

Sally Gibson, who has been with the firm since 2008, will focus on advising sponsors of private investment funds, including secondaries funds.

The firm's London office increases its secondaries advisory capacity with the hire of Mateja Maher.

Complex structures, scale and breaching safe harbours top lawyers’ lists of challenges unique to today’s secondaries market.