A guide to continuation funds
This article was written by Jeffrey Bronheim, Daniel Mathias and James Mossetto of Cohen & Gresser
When structured successfully, a fund continuation transaction can create benefits for all relevant parties. For GPs, the benefits in doing so are fairly obvious. A GP can retain stakes in a well performing business that they are already familiar with, against a scarcity of new and attractive targets in a fiercely competitive market.
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