Continuation Vehicles’ Rise Outstrips Dry Powder
Continuation vehicles were once a puny, niche strategy of last resort for zombie funds and unwanted assets.
by Paul Elias
Continuation vehicles are now a permanent liquidity option alongside traditional exits. But there’s not enough dry powder to meet demand. In response, many firms are launching CV-dedicated funds and there’s plenty of room for more, especially in the lower middle market….
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