20Nov
GP-Led Single Asset Deals
Over the last five years, many private equity market participants have become acquainted with a “GP-led secondary” transaction – i.e., a transaction where a private equity sponsor proposes to transfer all or a portion of the assets managed by an existing fund into a new “continuation” fund that will be managed by the same private equity sponsor. In such a transaction, the equity capital generally comes from a combination of “secondary” capital providers that are putting new money into the deal...
By:
Weil, Gotshal & Manges LLP
Source Url: https://www.jdsupra.com/legalnews/gp-led-single-asset-deals-71699/
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