June 10, 2022

GP-led secondaries: Continuation funds aren’t just for trophy assets

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A lot has changed in the secondaries market over the past few years. Suddenly, GP-leds make up half of the market volume and continuation funds are the standard tool now for GPs to hold on to companies longer, rather than selling their treasures outright to a competitor. As elsewhere in financial markets, all eyes are on growth. It’s all about how you ride the momentum of your biggest trophy assets. Or is it not?