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The firm, which raised €2.6bn this week for its debut lending fund, is agnostic about whether it’s viewed via a preferred equity or credit lens.
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Funds set up to allow sponsors to hold assets for longer typically must satisfy both an IRR and MOIC hurdle, research from law firm Paul Hastings has found.
Justin Johnson and Chad Rucker of valuations and fairness opinion provider VRC take a look at the regulator’s aims for continuation funds.
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Thomas Doyle has joined Pemberton to help the private lender tap into demand for late-cycle lending among the private equity fund community.
More and more PE managers are launching continuation funds to hold onto assets longer. How can you make sure your continuation fund is a success for both you and your investors?
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Alexandra Chauvin ranked 13th in Secondaries Investor‘s 2020 Next Gen Leaders listing of the most promising people in secondaries under the age of 36.
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A robust process is vital to any GP-led transaction, say Proskauer’s Howard Beber and Warren Allan in this sponsored Q&A.
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While GP-led clauses in fund agreements are not a silver bullet, certain LPA provisions could help GPs and LPs better navigate these transactions should they arise.
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