The global study by Ocorian and Bovill Newgate also found that many compliance teams are under-resourced to deal with the heightened risk.
Higher caps for borrowing limits and more flexibility on fund life extensions are among fund terms trends in a difficult fundraising market, according to Proskauer.
The partnership gives clients access to an expanded suite of solutions and global coverage.
According to fresh research from Goldman Sachs, average distribution-to-paid-in multiples (DPI) for the 2019-22 vintage era is 80% lower than the equivalent 2007-14 vintage set.
‘Wrong framework’, ‘Just another opponent’
Protections weakened, LPs shoulder the burden; Exempt managers not ‘out of the woods’
The ‘back door’ for regulators
The private credit manager also opened a new office in Dubai.
Why the US Court of Appeals decision was such a 'sledgehammer' to the SEC, and how ILPA sees a 'playbook' in future Fifth Circuit suits. Part one in a series of four.
As more GPs seek alternatives to traditional exit paths for their older investments, continuation funds have grown more popular for certain assets.