Continuation funds emerged after 2008 to help fund managers transfer assets and raise new capital. They’ve grown as traditional exit options like M&A and IPOs became harder, especially during economic ...
The Institutional Limited Partner Association (ILPA) published new guidance on May 15, 2023, relating to continuation funds. The guidelines build on ILPA's prior (2019) guidance on best practices for ...
Over the last 10 years, continuation funds have evolved to be a well-established potential exit route for private fund sponsors. According to advisory estimates, some $40 billion deals were completed ...