The worst M&A and IPO environment in over a decade is forcing many VC firms to consider selling their startup stakes to secondary buyers in order to return capital to LPs. While VCs are exploring all ...

When Audax Group raised $1.7 billion for its so-called "continuation fund" in January, it joined a growing list of PE houses that have started creating liquidity by buying their own portfolio ...

The Source is a twice-monthly email newsletter that delivers insights on the topics that matter most to asset owners. Sign-up to stay in the know with the latest analysis, news, and views on the world ...

If you haven't thought about the fate of your business share when you die, now is a good time to start. To prevent fighting and smooth ownership transitions, consider assembling a continuation ...

This article was first published on the-drawdown.com. When structured successfully, a fund continuation transaction can create benefits for all relevant parties. For GPs, the benefits in doing so are ...

Continuation funds emerged after 2008 to help fund managers transfer assets and raise new capital. They’ve grown as traditional exit options like M&A and IPOs became harder, especially during economic ...