GP-led secondaries: dealing with conflicts of interest
Michael Halford, head of private investment funds for Europe and Asia at Goodwin, and associate Brian O’Neill, explore the complexities of GP-led secondary transactions, and how to handle them.
Funds approaching the end of their agreed terms while still holding substantial assets have for some years been an issue for private equity fund managers and their investors. Some managers have tried to establish longer term funds to reflect the likely hold period of their assets.
Categories: The Expert