Continuation funds redefine exit timing amid market shifts
Continuation funds are emerging as a go-to strategy in private equity, offering a lifeline for GPs to hold onto star assets while meeting LPs’ liquidity needs.
In an environment of uncertainty and limited exit opportunities, private fund managers have increasingly looked to roll assets over into new vehicles instead of selling them to third parties at the end of their investment terms. The use of continuation funds, as the structures are known, are gaining traction as a strategy for challenging markets.
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