Home Authors Posts by Claire Coe Smith

Claire Coe Smith

More transactions are using a delayed payment structure in a bid to bridge mismatches in pricing expectations.
Going beyond standard commitment expectations in continuation fund transactions can help sponsors demonstrate alignment.
Impact investor Summa Equity closed Summa Circular, believed to be the first Article 9 continuation fund, in December, breaking new ground for the secondaries market.
Gradual increase in interest rates.
A record one-in-five investors are planning to invest in the strategy, according to affiliate title Private Debt Investor's latest LP Perspectives Study.
The denominator effect combined with a need for liquidity has delivered a boost to the nascent credit secondaries market.
white maze blue background
While GP-led clauses in fund agreements are not a silver bullet, certain LPA provisions could help GPs and LPs better navigate these transactions should they arise.
The crisis has put pressure on the relationships between GPs and LPs. As many look to renegotiate fund terms, what will the lasting effects be?
Access to information is key in mitigating conflict of interest concerns in secondaries deals, especially GP-leds. Here are five tips.
covid
Subscription finance is busier than ever, prices are rising and competition among lenders is on the rise despite the pandemic.
The much-talked about blossoming of the resale market remains more dream than reality.
si
si

Copyright PEI Media

Not for publication, email or dissemination