GP-Leds

As traditional exits remain sluggish this year, GPs are getting creative in finding ways to deliver liquidity to limited partners in older funds.

The joint venture is structured as a RAIF and will look to acquire mainly senior-secured direct lending stakes.

Navis Capital Partners has moved some of its holdings in a portfolio of Southeast Asian education assets into a $230m continuation fund.

The two continuation funds involve four assets from Leonard Green's 2011-vintage Green Equity Investors VI, which NIC backed in 2011.

The process, involving a fast-casual Mexican food chain, adds to the trend of restaurant businesses being rolled into CVs.

Five Arrows' Secondary Opportunities VI launched in 2023 and will focus on mid-market opportunities.

Here are responses from industry thought leaders including Goldman Sachs, Carlyle, Apollo and NYCRS across areas such as dealmaking, fundraising and secondaries.

The secondaries market is shrouded in uncertainty after this week’s volatility. There are, however, reasons to remain upbeat over the longer term.

Amid the widespread adoption of continuation funds, an LP’s ability to roll into a fund is becoming more important.

As high interest rates, depressed values and fluctuating markets continue to squeeze investors, real estate secondaries is flourishing.