Continuation Funds News Today

U.S. leveraged finance market started 2024 with a bang, driven by refinancings, repricings, and dividend recap transactions, signaling robust…

TRP Capital has completed a single asset continuation fund for GenOx Transportation Inc. Barings, Kline Hill Partners and Adams Street Partners were all co-lead investors.

With various headwinds resulting in down volume in 2023, buyers and sellers alike find themselves asking whether 2024 will see a rebound in deal activity.

W ith various headwinds resulting in down volume in 2023, buyers and sellers alike find themselves asking whether 2024 will see a rebound in deal activity. As we begin 2024, we have...

Explore the potential resurgence in Canadas M&A landscape for 2024. This detailed analysis covers mid-market activity, the pivotal role of the energy sector, the rise of private credit, and international investments in Canadian renewables. Delve into the trends, challenges, and opportunities shaping the future of mergers and acquisitions in Canada, as we navigate through geopolitical tensions, economic shifts, and an evolving global market.

Aterian Investment Partners has closed Aterian Opportunities II, LP, a new single asset continuation vehicle of approximately $460 million.

Alpine Investors has closed a $3.4 billion continuation fund to keep its relationship going with Apex Service Partners.

Hong Kong-based Affinity Equity Partners has paused plans to launch a so-called continuation fund enabling itself and its investors to sell down their shares in companies because of unfavourable market conditions, said two people with knowledge of the matter. A continuation fund is a new investment vehicle created by a private equity (PE) firm to transfer holdings of some existing investments. The concept has gained traction in Asia in recent years as PE firms' exit from companies via ini...

The Institutional Limited Partner Association ILPA published new guidance on May 15, 2023, relating to continuation funds. The guidelines build on ILPAs prior 2019 guidance on best practices for GP-led secondary fund structuring, detailing considerations for Limited Partners LPs and General Partners GPs planning to engage in continuation fund transactions.

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...