Continuation funds are here to stay, now what?
“At Rede, the first thing we do before embarking upon any transaction is a 360-degree stakeholder analysis. GPs and LPs take centre stage in continuation fund projects, but the interests of other parties must also be considered. For example, an extended hold period will mean a longer journey for portfolio companies and their management teams, along with any co-investors.”
Julie Prewer and Mike Camacho, principals in our Transactions team, share Rede’s approach to continuation funds and lessons from their own experience in Real Deals.