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PODCAST: How to avoid pitfalls in stapled deals

Blue chip managers are using stapled secondaries deals to boost fundraising and provide liquidity to LPs. In this 17-minute podcast, lawyers from Proskauer, Debevoise & Plimpton and MJ Hudson discuss how GPs and LPs should approach this increasing transaction type.

Which law firms have secondaries expertise?

A snapshot of law firms' secondaries work in 2018 by volume, deal count, strategy and more from sister publication Secondaries Investor's annual survey.
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ILPA’s GP-leds guidance comes with implementation challenges

Disclosure, the role of the LPAC and status quo options may make some GP-led restructurings unaligned with the industry body's guidelines, according to Cleary Gottlieb.

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.
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