Rod James
Secondaries transaction volumes exceeded $80bn for the first time, but slower growth in parts of the market has put a check on over-exuberance.
Everyone knows the importance of alignment between the GP and LPs in a fund restructuring. But what about the portfolio company’s management?
The limited partner body’s guidance on GP-led fund restructurings is designed to create an industry standard for the execution of these deals, but how effective has it been in practice?