Knowing exactly why you want to co-invest, formalizing your strategy and making sure all the key ingredients are built into your program will go a long way toward making you a reliable, sought-after co-investor, write Meketa Investment Group's Steven Hartt and Ethan Samson.
Continuation vehicles made up around 9% of total PE distributions in 2023 amid sluggish M&A and IPO markets, according to data from Baird.
The platform aims to make fundraising more efficient for GPs and investors.
Technology-related sales platforms will play a role in the wealth unit's scale-up, according to wealth management chief Raj Dhanda.
'I’m personally spending a fair amount of time in this space,' Carlyle CEO Harvey Schwartz said. 'It’s a big initiative for me.'
Service provider adds features to CitcoConnect to help with KYC/AML and subscription forms.
Service provider aims to speed up work on key fundraising stage with new feature.
The alts giant is set to launch BXPE, a dedicated private equity offering for wealthy individuals, in the coming months after it postponed raising capital for the vehicle.
Traditional LPs contemplating GP-led focused funds have been intent on identifying examples of fully crystallized continuation funds in recent years.
Until some of the more inefficient aspects of the continuation fund process are smoothed out, these deals are not likely to become routine exit options alongside IPOs and strategic sales.