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Continuation funds in private equity

WebContinuation funds. Over the past several years, private equity sponsors have been increasingly pursuing continuation funds as a successful portfolio management tool. In a continuation fund, a sponsor transfers one or more portfolio companies from its existing fund to a new special purpose vehicle. WebNov 18, 2024 · Investments in so-called private equity continuation funds are expected to reach a record high in the first quarter of 2024, according to Greg Durst, managing …

CFOs could benefit as investors flock to continuation funds

WebApr 12, 2024 · In 2024, the US Department of Labor decided that DC pension plans, which hold more than $7.5 trillion in assets, could incorporate certain private equity products … WebDec 16, 2024 · In this article from Private Equity International, partner Nicole Washington discusses the growing trend of GPs using continuation funds on their assets. “'We're going to see a lot more multi-billion dollar deals in the space, and a lot more well-known sponsors entering the space because of the size of the dealflow and how attractive it is,' said … blue iris clips and archiving https://wildlifeshowroom.com

Hybrids and NAV loans offer unique uses in continuation funds

WebApr 12, 2024 · GSAM has raised at least $30.1 billion over the past seven months across final closes for its flagship buyout, debut growth and mezzanine vehicles. This includes $9.7 billion for West Street Capital Partners VIII and $5.2 billion for West Street Global Partners I – one of the largest debut growth funds ever raised. Growth areas WebDec 28, 2024 · To execute them, a private equity firm creates a so-called continuation fund, finds investors to back it and then uses it to buy a portfolio company already … WebPrivate Equity Continuation Funds July 2024 Continuation funds provide an opportunity for limited partners to remain invested in high performing portfolio companies, post-sale, … blue iris cracked

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Continuation funds in private equity

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WebFeb 3, 2024 · A continuation fund is a new vehicle that is set up to take on the portfolio investments of a fund that is nearing the end of its lifespan. Traditionally, LPs will … WebApr 1, 2024 · Over the past year and a half, continuation funds have surged, and currently make up more than half the dealflow in private equity secondaries transactions. According to Hamilton Lane, from the 12 months before July 2024 the average continuation fund deal size was $1.1 billion, and single-asset deals made up nearly half of all continuation ...

Continuation funds in private equity

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WebApr 12, 2024 · Lombard’s latest fund also pooled funding from IFC, which has been actively investing in Southeast Asia-focused funds. According to Bain & Co’s Asia-Pacific Private Equity Report 2024, deal value in Southeast Asia plummeted 52 percent in 2024, the largest regional drop after China. WebApr 13, 2024 · Allocation to private equity: 8.67%. NMSIC approved several new commitments to private equity funds during its 28 March board meeting. These include $300 million to Ares Pathfinder Fund II, $62.5 million to Lux Ventures VIII, $20 million to Goodwater Capital V and $5 million to Goodwater Infinity III.

WebApr 10, 2024 · Marnauza says that continuation fund managers can use hybrids, as well as NAV loans, to accommodate investors with limits on directly using leverage themselves and smaller investors whose cost of borrowing would be prohibitive, for example. The … WebDec 15, 2024 · While continuation fund technology has been utilised in private markets for more than a decade, the increased market share of these deals jumped significantly in 2024. Such deals were worth roughly $23.4 billion in the first half of the year, up from around $19 billion for full-year 2024, according to data from investment bank Greenhill.

WebContinuation funds burst onto the private equity scene only relatively recently but have quickly become established as an attractive part of the market. While they have been … WebSep 26, 2024 · So continuation deals are a rising part of the industry. However those levels compare with $656bn of overall deals carried out by private equity year to date. The bigger problem for private...

WebSep 28, 2024 · Structuring private equity (PE) funds has generally followed a tried-and-tested process – a closed-end fund with a defined fund life – usually 10 years – where …

WebSep 15, 2024 · Institutional investors are souring on so-called continuation funds, which private equity firms deploy when they want to keep managing assets in traditional … blue iris coupon code 50 offWebApr 11, 2024 · By. Chris Cumming. April 11, 2024 7:00 am ET WSJ Pro. Text. Blue Owl Capital Inc. is moving into the private-equity secondary market, aiming to expand its menu of offerings as a service provider ... blue iris deepstack nothing foundWebAug 17, 2024 · So-called “continuation funds” are deals in which sponsors move assets, often already well-performing, from an existing blind-pool fund into a special purpose vehicle. This resets the clock on the investment period, traditionally limited to 3-5 years, provides optional liquidity to investors, and allows more time and perhaps capital to take ... blue iris download old versions