Home Legal & Regulation
Legal & Regulation
There’s reasons on all sides to settle on market practice when it comes to continuation vehicle guidance – lest regulators decide it for you.
The industry body's prior guidance was 'silent on a lot of things’, chief executive Jennifer Choi tells Secondaries Investor.
Market participants have a keen eye on fees and expenses related to GP-led deals given many LPAs were not drafted with these transactions in mind.
GP counsel fees paid by both sides of a deal ranged from zero to around $79,000, according to research by AI workflow automation platform AltConvey.
While the US Department of Labor’s March proposal flagged CVs as an area of concern in 401(k) plans, it should not be taken as a signal to rule them out.
The secondaries industry has always been solutions-focused. That continues to be the case as the market expands rapidly in both breadth and depth, say Goodwin partners Ravi Chopra and Jacqui Eaves.
The secondaries market is poised for continued growth and innovation, as well as increased regulatory scrutiny.
The key takeaways from Secondaries Investor's inaugural survey of LPs, secondaries buyers, GPs and advisers.
The asset manager’s investment chief cites 'weird time arbitrage' that the practice causes for evergreen investors who buy into vehicles at similar points.
The firm is continuing the expansion of its private funds group as demand for secondaries grows.