Continuation Funds Raise Questions About Valuation Risk in Pension Portfolios
As more GPs pursue continuation funds, institutional investors are faced with new questions about the overall risk levels in their portfolios.
As more GPs pursue continuation funds, institutional investors are faced with new questions about the overall risk levels in their portfolios.
Shane Feeney will oversee the secondaries program at the Toronto-based private markets investment firm.
GP-led secondaries had a record-breaking 2018, but new guidelines from ILPA show that investors want more information and more time to consider the deals.
Only $4 billion raised in Q2, with record $19 billion raised in Q1 likely eating into demand.
Six funds raised $13.6 billion in investor capital, according to Preqin.