Sector Intelligence

Transaction types

Continuation funds

June 2025

Navigating single asset continuation funds: Part 2

In part 2 of our series on single-asset continuation funds, we focus on some of the technical and commercial developments in this space, as the SACF becomes a fourth exit for private capital managers of all shapes and sizes.

March 2025

Navigating single asset continuation funds: Part 1

In part 1 of this series on navigating single-asset continuation funds, we explore the characteristics that make a portfolio company well-suited for a SACF and the drivers that have led to the growth of this type of transaction.

April 2024

Continuation fund structuring and terms

This article sets out the range of continuation fund structures that exist in the market, the latest terms, and how we see the market continuing to evolve.

Private credit secondaries

May 2025

Unpacking private credit secondaries

In this article, we break down the types of private credit secondary transactions – including LP-led sales, GP-led restructurings and securitisations – and examine the key drivers shaping this fast-evolving part of the market.

May 2025

Private credit continuation funds: a developing frontier for secondary transactions?

In this article, the authors consider the use of continuation funds in private credit by comparing and contrasting their adoption with increasingly popular private equity continuation fund transactions.

Macroeconomic

July 2025

The macroeconomic backdrop to the private capital market - June 2025

This article considers our views on how certain macroeconomic developments may impact the private capital markets.

January 2025

The macroeconomic backdrop to the private capital market - January 2025

This article considers our views on how certain macroeconomic developments may impact the private capital markets.

July 2024

The macroeconomic backdrop to the private capital market - July 2024

This article considers our views on how certain macroeconomic developments may impact the private capital industry in terms of fundraising and deployment.

February 2024

The macroeconomic backdrop to the private capital market - January 2024

This article considers our views on how certain macroeconomic developments may impact the private capital market in terms of fundraising and deployment.