Continuation funds are expected to become increasingly prominent as a liquidity option for GPs in the coming years, even as the outlook for private equity exits slowly...
The deal involves transferring an asset to a continuation fund managed by TRP Capital, a lower mid-market player with no prior engagement in GP-led secondaries
Once used to sell off zombie funds or badly underperforming assets, a growing number of continuation funds are being launched around high-performing trophy assets that aren’t currently...
Energy tech-focused private equity firm GEC has completed a $215m continuation fund for its portfolio company Estis, with Kline Hill Partners the sole lead secondaries buyer among...
Infrastructure and real assets accounted for around 9% of estimated total volume in the first half, according to Greenhill & Co’s latest volume survey.
The deal led by Kline Hill will enable co-investors to sell their stakes in Estis, a provider of high-pressure artificial-lift services to oil-and-gas companies