In our new Talking. Secondaries. series, we will seek to demystify the secondaries and synthetic secondaries markets and provide insights into the variety of tools available to GPs when looking to provide liquidity to their limited partners and their portfolios.
In the third instalment in the series, we examine a continuation fund, a vehicle capitalised by a secondary buyer and managed by the existing GP acquiring one or more assets from the existing fund.
We explore the rationale for using such a vehicle, what the process entails and the key considerations to be taken into account.
