Adding flexibility to the traditional PE model

GPs and LPs push envelope on terms to allow continuation funds.

Secondaries: From our June/July issue, Carmela Mendoza reports that a recent survey from lawfirm Paul, Weiss, Rifkind, Wharton & Garrison shows that GPs and LPs are “pushing the envelope” on fund terms in order to provide additional flexibility on how long funds can hold assets and how they use capital.

Email prepared by Graham Bippart