GP-Leds

The School Employees Retirement System of Ohio recently confirmed a commitment to the continuation vehicle.

Gemspring plans to transfer Texas-based chemicals distributor Shrieve Chemical Company into a continuation fund.

Some firms have been through large secondaries processes in the past and are more familiar with how they work, according to sources.

The $550m multi-asset fund highlights the increasing adoption of the CV technology among mid-market sponsors.

Ardian has previously backed single-asset continuation funds out of its co-investment programme and via an SMA with a US public pension.

LP portfolio transactions deals don’t 'play to the strengths' of the Northern European powerhouse’s active ownership model, according to CFO Kim Henriksson.

GP-led deals represented about 46% of the $40bn-$45bn of secondaries volume in the third quarter, according to research from PJT Park Hill.

The deal will allow GA to hold onto four assets, including website builder Squarespace.

TPG GP Solutions has been an active backer of GP-led continuation funds across North America and Europe following its launch in January 2022.

The firm, founded by a former StepStone partner, focuses on GP-leds and direct secondaries.