Continuation Funds: Considerations for Limited Partners and General Partners

ILPA Guidelines

The Institutional Limited Partners Association (ILPA), in collaboration with limited partners (LPs), general partners (GPs), and industry experts, has developed guidance on continuation funds to establish a framework for successful transactions.

The new ILPA guidance emphasises the importance of GPs adopting processes and deal structures that prioritise alignment and active LP engagement.

The Institutional Limited Partners Association (ILPA) is the leading trade association for institutional limited partners in the private equity asset class.

Please click here for a link to their recently released guide for best practices when considering creating or investing in a continuation fund.

Nodem Capital is an FCA-authorised NAV lender providing facilities of $10m to $100m+ to family offices, GPs, LPs and holding companies. Contact Alex Branton at abranton@nodem.com.

Disclosures

The views set forth herein are solely those of the authors and do not necessarily reflect the views of Nodem Capital. The information and views expressed are generic in nature and are not an offer to sell or the solicitation of an offer to purchase interests in any investments or services. Certain information contained in this article may constitute “forward-looking statements”. Any projections or other estimates contained herein, including estimates of returns or performance, are “forward-looking statements” and are based upon certain assumptions that may change. Due to various risks and uncertainties, actual events or results may differ materially from those reflected or contemplated in such forward-looking statements.