LPs and GPs clash over GP-led secondaries’ priorities
LPs and GPs are increasingly clashing over priorities and concerns with GP-led secondaries, a survey by Capstone Partners has found.
The rise in GP-led transactions over the past 12 months has come as an alternative to M&A and public equity exits, amid a turbulent market. The survey found that 51% of LPs and 40% of GPs see GP-led secondaries as “one of the main” exit options.
Profile:
Categories: NewsFundraising & fund structuringFund docs
More from The Drawdown
18 April 2024
HNWI hurdling
The UK may have reversed its changes to the HNWI regime but the conversation seems far from over
18 April 2024
Apex acquires South African ManCo
Acquisition of IP Management Company is continuation of growing Apex’s ManCo offering
18 April 2024
Ocorian launches ESG reporting tool
The SFDR and SDR reporting tool is powered by technology from Treety
16 April 2024
Chronograph launches Chrono AI
The tool will assists LPs with portfolio monitoring and analysis
16 April 2024
Ark launches automated fund accounting solution
The cloud-based technology supports fund administrators and GPs with fund operations and investor relations
16 April 2024
NLC appoints non-exec director and CTO
Investec co-founder Bernard Kantor and ex-Meta Kresimir Slugan join the independent non-bank lender, respectively