Although the Buyouts 100 has its usual suspects at the top of the heap, what’s especially notable this year is its number of freshman entrants, led by tech buyout shop STG.
It will be bigger, bolder and deliver significant networking time in the Florida sunshine.
Muted M&A activity and liquidity demands are prompting more sponsors to consider moving assets into continuation funds, but competition is fierce.
As the LP-led market grows ‘white hot,’ mosaic transactions are sparking debate among some practitioners over the impact on returns.
The proportion of investors looking to back private equity secondaries funds has been rising steadily since 2020.
Blackstone’s move to combine its GP stakes and secondaries businesses raises questions about how players in both markets should address potential conflicts of interest.
Going beyond standard commitment expectations in continuation fund transactions can help sponsors demonstrate alignment.
Maturing market attracts a more regular flow of LP and GP sellers as the buyside expands.
More transactions are using a delayed payment structure in a bid to bridge mismatches in pricing expectations.
Money continues to flow into this most undercapitalized corner of private equity.