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ILPA arms LPs with ‘best practices’ on GP-led fund restructurings

The Institutional Limited Partners Association's guidance aims to help LPs navigate a part of the private equity market that grew by more than 70% last year.

PODCAST: Why GP-led secondaries is the next big thing in private equity

From stapled deals to restructurings, tender offers to strip sales, Andrew Sealey, managing partner and chief executive of Campbell Lutyens, discusses the different types of GP-led deals and how they can benefit all parties.

How to avoid conflicts in stapled deals

Full disclosure and fairness opinions are the best ways to mitigate potential conflicts of interest in stapled deals.

Public pension: ‘aggressive’ secondaries processes breaking down alignment

The $75bn Oregon Public Employee Retirement Fund says it has received 'innovative' and 'conflict-riddled' secondaries proposals.

VSS restructuring ends with $200,000 SEC sanction

The SEC alleges the firm withheld information on an updated net asset value for stakes in its Fund III before a sale.

How to close a stapled deal

Two vital things a GP needs to consider when trying to use the secondaries market to help their latest fundraise.

Law firms’ take on the secondaries market

Leading global law firms share their views on the changing shape of the private equity secondaries market.

NewQuest names general counsel

The former Asian private equity arm at Bank of America Merrill Lynch, has hired a Paul Hastings alumni as general counsel and is preparing to invest $100m to $200m over the next 18 months.

Survey: LPs increase GP relationships

A majority of LPs in a recent survey said they increased their GP partnerships in 2011. Almost a quarter of respondents plan to increase their private equity holdings this year.

LPs' patience tested on distributions

Investors are waiting longer for distributions from the managers they back, according to research by placement agent Triago, as general partners delay exits until markets improve.

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