regulation

In the firm’s Q2 earnings call, Jonathan Gray pointed out where in private markets he thinks investment from defined contribution benefit plans will be directed to first.

Four lawyers – including three secondaries experts from Dentons, Debevoise & Plimpton and Kirkland & Ellis – discuss GP-led secondaries, ESG and the latest developments shaping private equity.

The limited partner body’s guidance on GP-led fund restructurings is designed to create an industry standard for the execution of these deals. How effective has it been in practice?

An overhang of LPs wanting to sell stakes in funds could delay transfers in order to conform with publicly traded partnership rules.

Sponsors considering running secondaries processes on their funds should be aware of potential pitfalls that can hit carried interest and scupper deals.

Higher fees and difficulty in agreeing on side letters with secondaries funds were among the reasons given.

Law firm Stephenson Harwood's Gabriel Boghossian and Sarah de Ste Croix outline three points of contention and practical steps to ensure effective LPAC operations.

Raising capital in multiple jurisdictions can bring challenges, warns one operating chief.

The New York attorney-general has filed a lawsuit against Allen, who runs a secondaries fund and a secondaries intermediary business, for allegedly misappropriating more than $13m.

Four lawyers from Paul Hastings describe the implications of IRS regulations that affect secondaries market participants.