Private Fund Transactions

Publications

  • ILPA Publishes New Guidance on Continuation Funds
    2 June 2023
    Andrew M. Ahern
    ,
    Gavin Anderson
    ,
    Katherine Ashton
    ,
    Ezra Borut
    ,
    Jane Engelhardt
    ,
    John W. Rife III
    ,
    Kevin M. Schmidt
    ,
    Shawn Xiao Yang
    ,
    Andrew J. Gershon
    ,
    Anne-Lise Quach
    ,
    Guang Yang
  • Private Equity Report: 2023 Outlook
    January 2023
    Catherine Amirfar
    ,
    Christopher Anthony
    ,
    Katherine Ashton
    ,
    Jason Auerbach
    ,
    Dominic Blaxill
    ,
    Ezra Borut
    ,
    Kara Brockmeyer
    ,
    Geoffrey P. Burgess
    ,
    Lawrence K. Cagney
    ,
    Andrew J. Ceresney
    ,
    Jennifer L. Chu
    ,
    Alexander R. Cochran
    ,
    Eric Dinallo
    ,
    Christopher Dortschy
    ,
    E. Drew Dutton
    ,
    Jane Engelhardt
    ,
    Jyotin Hamid
    ,
    Ted Hassi
    ,
    Morgan J. Hayes
    ,
    Gareth Hughes
    ,
    Peter J. Irwin
    ,
    Mark Johnson
    ,
    Eric T. Juergens
    ,
    Rafael Kariyev
    ,
    Meir D. Katz
    ,
    Satish M. Kini
    ,
    M. Natasha Labovitz
    ,
    Henry Lebowitz
    ,
    Maurizio Levi-Minzi
    ,
    Andrew M. Levine
    ,
    Sidney P. Levinson
    ,
    Jonathan F. Lewis
    ,
    Marilyn A. Lion
    ,
    Timothy McIver
    ,
    John (Jay) Neukom
    ,
    Benjamin R. Pedersen
    ,
    Marc Ponchione
    ,
    Nicholas F. Potter
    ,
    Ryan T. Rafferty
    ,
    Julie M. Riewe
    ,
    Samantha J. Rowe
    ,
    Paul D. Rubin
    ,
    Scott B. Selinger
    ,
    Jane Shvets
    ,
    Steven J. Slutzky
    ,
    Patricia Volhard
    ,
    Erica S. Weisgerber
    ,
    Barbara N. Barath
    ,
    Alison E. Buckley-Serfass
    ,
    Zhiyan Cao
    ,
    Robert T. Dura
    ,
    Robert M. Fettman
    ,
    Samuel Fung
    ,
    Caroline P. Geiger
    ,
    Andrew J. Gershon
    ,
    Jin-Hyuk Jang
    ,
    Stuart Hammer
    ,
    Kim T. Le
    ,
    Michael P. McGuigan
    ,
    Sheena Paul
    ,
    Tricia Bozyk Sherno
    ,
    Jennifer Wheater
    ,
    John Young
    ,
    Jeffrey P. Cunard
    ,
    Ulysses Smith
    ,
    Jennifer R. Cestaro
    ,
    Paul Eastham
    ,
    Isabel Espinosa de los Reyes
    ,
    Jay E. Evans
    ,
    Christopher Gossage
    ,
    Berk Guler
    ,
    Yiran Ji
    ,
    Samuel D. Krawiecz
    ,
    Chaim Lapp
    ,
    Stacy S. Lee
    ,
    Lucy Litt
    ,
    Emily MacKay
    ,
    Alma M. Mozetič
    ,
    Ezra Newman
    ,
    Melissa Runsten
    ,
    Sergio Torres
    ,
    George Tan
    ,
    Tiffany Wu
    ,
    Emma Macfarlane
    ,
    Sarah Min
    ,
    Matthew Stromecki
    ,
    Massy Vainshtein
  • Private Equity Report Fall 2022, Vol 22, No 3
    November 2022
    Andrew L. Bab
    ,
    Sally Bergmann Hardesty
    ,
    Michael Bolotin
    ,
    Jennifer L. Chu
    ,
    Erin Cleary
    ,
    Matthew Dickman
    ,
    Gregory V. Gooding
    ,
    Mark P. Goodman
    ,
    Gareth Hughes
    ,
    Mark Johnson
    ,
    Meir D. Katz
    ,
    Henry Lebowitz
    ,
    Maurizio Levi-Minzi
    ,
    Maura Kathleen Monaghan
    ,
    Kevin Rinker
    ,
    Paul D. Rubin
    ,
    Kevin M. Schmidt
    ,
    Scott B. Selinger
    ,
    Ramya S. Tiller
    ,
    Zhiyan Cao
    ,
    Caroline P. Geiger
    ,
    Kim T. Le
    ,
    Samuel Fung
    ,
    Jin-Hyuk Jang
    ,
    David Deutsch
    ,
    Tigist Kassahun
    ,
    Hannah R. Levine
    ,
    Keith J. Slattery
    ,
    Sergio Torres
    ,
    Dominique Trudelle
    ,
    Hadel Alfagir
    ,
    Michael L. Cederblom
    ,
    David N. Simpser
  • 2022 Private Equity Midyear Review and Outlook
    1 August 2022
    Jonathan Adler
    ,
    Christopher Anthony
    ,
    Katherine Ashton
    ,
    Sally Bergmann Hardesty
    ,
    Dominic Blaxill
    ,
    Ezra Borut
    ,
    Geoffrey P. Burgess
    ,
    Jennifer L. Chu
    ,
    Christopher Dortschy
    ,
    E. Drew Dutton
    ,
    Jane Engelhardt
    ,
    Avi Gesser
    ,
    Jyotin Hamid
    ,
    Morgan J. Hayes
    ,
    Emily F. Huang
    ,
    Peter J. Irwin
    ,
    Satish M. Kini
    ,
    M. Natasha Labovitz
    ,
    Andrew M. Levine
    ,
    Sidney P. Levinson
    ,
    Marilyn A. Lion
    ,
    Peter J. Loughran
    ,
    Nicole Levin Mesard
    ,
    Brett M. Novick
    ,
    Marc Ponchione
    ,
    Ryan T. Rafferty
    ,
    Jeffrey E. Ross
    ,
    Scott B. Selinger
    ,
    Steven J. Slutzky
    ,
    Thomas Smith
    ,
    Ramya S. Tiller
    ,
    Patricia Volhard
    ,
    Richard Ward
    ,
    Jeffrey P. Cunard
    ,
    Tricia Bozyk Sherno
    ,
    Marshal L. Bozzo
    ,
    Zhiyan Cao
    ,
    Robert T. Dura
    ,
    Andrew J. Gershon
    ,
    Stuart Hammer
    ,
    Sheena Paul
    ,
    Jin-Hyuk Jang
    ,
    Jennifer Wheater
    ,
    John Young
    ,
    Ulysses Smith
    ,
    Jennifer R. Cestaro
    ,
    Thomas A. DeMarzo
    ,
    Paul Eastham
    ,
    Isabel Espinosa de los Reyes
    ,
    Michael C. Godbe
    ,
    Christopher Gossage
    ,
    Sheng Shao
    ,
    Rachel Tennell
    ,
    Malina Welman
    ,
    Matthew Mrozek
    ,
    Chika Ojukwu
    ,
    Yiran Ji
  • 2021/2022 Private Equity Year-End Review and Outlook
    January 2022
    Jonathan Adler
    ,
    Catherine Amirfar
    ,
    Christopher Anthony
    ,
    Katherine Ashton
    ,
    Andrew L. Bab
    ,
    Geoffrey P. Burgess
    ,
    Ezra Borut
    ,
    Andrew J. Ceresney
    ,
    Jennifer L. Chu
    ,
    Jeffrey P. Cunard
    ,
    Alexander R. Cochran
    ,
    E. Drew Dutton
    ,
    Jane Engelhardt
    ,
    Morgan J. Hayes
    ,
    Eric T. Juergens
    ,
    Maurizio Levi-Minzi
    ,
    Nicholas P. Pellicani
    ,
    Ryan T. Rafferty
    ,
    Julie M. Riewe
    ,
    Scott B. Selinger
    ,
    Marc Ponchione
    ,
    Thomas Smith
    ,
    Ramya S. Tiller
    ,
    Patricia Volhard
    ,
    Richard Ward
    ,
    Alisa A. Waxman
    ,
    Marshal L. Bozzo
    ,
    Christopher Dortschy
    ,
    Andrew J. Gershon
    ,
    Emily F. Huang
    ,
    Jennifer Wheater
    ,
    Dominic Blaxill
    ,
    Charles Cartiglia
    ,
    Robert T. Dura
    ,
    Matthew J. Sacco
    ,
    Sheng Shao
    ,
    Sergio Torres
    ,
    Charlotte A. Walkovik
    ,
    Paul Eastham
    ,
    Christopher Gossage
    ,
    Robert B. Kaplan
    ,
    Sheena Paul
    ,
    John Young
    ,
    Jin-Hyuk Jang
    ,
    Lukas Ott
    ,
    Andrew M. Levine
    ,
    Stuart Hammer
    ,
    Ulysses Smith
    ,
    Luke Dembosky
    ,
    Avi Gesser
    ,
    Michael R. Roberts
    ,
    Peter J. Irwin
    ,
    Ina C. Popova
    ,
    Samantha J. Rowe
    ,
    M. Natasha Labovitz
    ,
    Sidney P. Levinson
    ,
    Paul D. Rubin
    ,
    Eric Dinallo
    ,
    Marilyn A. Lion
    ,
    Jacob W. Stahl
    ,
    Nicholas F. Potter
    ,
    Kim T. Le
    ,
    Adam Aukland-Peck
    ,
    Melissa Runsten
    ,
    Matthew Mrozek
    ,
    Michael C. Godbe
    ,
    Christel Y. Tham
    ,
    Lisa Wang Lachowicz
    ,
    Yiran Ji
  • 2021 Private Equity Midyear Review and Outlook
    22 July 2021
    Jonathan Adler
    ,
    Christopher Anthony
    ,
    Katherine Ashton
    ,
    Andrew L. Bab
    ,
    Megan K. Bannigan
    ,
    Sally Bergmann Hardesty
    ,
    David H. Bernstein
    ,
    Paul S. Bird
    ,
    Ezra Borut
    ,
    Geoffrey P. Burgess
    ,
    Jennifer L. Chu
    ,
    Matthew Dickman
    ,
    Christopher Dortschy
    ,
    E. Drew Dutton
    ,
    Jane Engelhardt
    ,
    Peter A. Furci
    ,
    Avi Gesser
    ,
    Jyotin Hamid
    ,
    Morgan J. Hayes
    ,
    Peter J. Irwin
    ,
    Meir D. Katz
    ,
    Rafael Kariyev
    ,
    M. Natasha Labovitz
    ,
    Maurizio Levi-Minzi
    ,
    Andrew M. Levine
    ,
    Sidney P. Levinson
    ,
    Jonathan F. Lewis
    ,
    Marc Ponchione
    ,
    Ryan T. Rafferty
    ,
    Paul D. Rubin
    ,
    Zachary H. Saltzman
    ,
    Kevin M. Schmidt
    ,
    Shannon Rose Selden
    ,
    Scott B. Selinger
    ,
    Steven J. Slutzky
    ,
    Ramya S. Tiller
    ,
    Richard Ward
    ,
    Alisa A. Waxman
    ,
    Patricia Volhard
    ,
    Franci J. Blassberg
    ,
    Jeffrey P. Cunard
    ,
    Andrew J. Gershon
    ,
    Stuart Hammer
    ,
    Jin-Hyuk Jang
    ,
    Kim T. Le
    ,
    Sheena Paul
    ,
    Tricia Bozyk Sherno
    ,
    Jacob W. Stahl
    ,
    Jennifer Wheater
    ,
    John Young
    ,
    Adam Aukland-Peck
    ,
    Dominic Blaxill
    ,
    Charles Cartiglia
    ,
    Robert T. Dura
    ,
    Paul Eastham
    ,
    Jay E. Evans
    ,
    Norma Angelica Lopez Campos
    ,
    David J. Hotelling
    ,
    Samuel D. Krawiecz
    ,
    Wen-Wei Lai
    ,
    Robert Maddox
    ,
    Sergio Torres
    ,
    Malina Welman
  • Private Equity International: Untold Potential
    4 May 2021
    Private Equity International
    John W. Rife III
  • Exit Trends in Asia
    December 2020
    Wen-Wei Lai
    ,
    Tiffany Wu
  • Navigating the Nuances of Continuation Funds
    December 2020
    Andrew M. Ahern
    ,
    Gavin Anderson
    ,
    Katherine Ashton
    ,
    Ezra Borut
    ,
    John W. Rife III
    ,
    Naomi Aoyama
    ,
    Shawn Xiao Yang
  • Progressing from Goal to Reality on Diversity, Equity and Inclusion
    December 2020
  • Secondaries Investor “Spotlight” Podcast: Women and secondaries – a match made in heaven?
    23 July 2020
    Secondaries Investor “Spotlight” Podcast
    Katherine Ashton
  • GPs/LPs Weigh Options in Face of Liquidity Crunch
    14 April 2020
    Andrew M. Ahern
    ,
    Jonathan Adler
    ,
    Gavin Anderson
    ,
    Katherine Ashton
    ,
    Kenneth J. Berman
    ,
    Ezra Borut
    ,
    Lorna Bowen
    ,
    Geoffrey P. Burgess
    ,
    E. Drew Dutton
    ,
    Jane Engelhardt
    ,
    Andrew Ford
    ,
    Geoffrey Kittredge
    ,
    Marc Ponchione
    ,
    David J. Schwartz
    ,
    Rebecca F. Silberstein
    ,
    Thomas Smith
    ,
    Justin Storms
    ,
    John W. Rife III
    ,
    Patricia Volhard
  • Fund Shack: COVID Briefing: How secondaries are Responding
    26 March 2020
    Fund Shack
  • Private Equity Secondaries Market Adapts to COVID-19
    9 March 2020
    Andrew M. Ahern
    ,
    Gavin Anderson
    ,
    Katherine Ashton
    ,
    Ezra Borut
    ,
    Geoffrey P. Burgess
    ,
    E. Drew Dutton
    ,
    Jane Engelhardt
    ,
    John W. Rife III
    ,
    David J. Schwartz
  • Beware Pitfalls In Private Equity Secondary Transactions
    3 October 2018
    Law360
    Katherine Ashton
    ,
    Kenneth J. Berman
    ,
    Julie M. Riewe
    ,
    John W. Rife III
    ,
    Norma Angelica Lopez Campos
  • Receiving UK Carried Interest: The UK Metamorphosis
    24 March 2016
    Richard Ward
  • Secondary Acquisitions of Listed Private Equity Funds
    Fall 2013
    Katherine Ashton
    ,
    Cécile Beurrier

Upcoming Events

  • Pref Equity and Nav Financing; GP Financing Tools
    3 October 2024
    Invest Europe
    Fund Secondary Transactions
    London, UK
    Speaker: Thomas Smith
    Speaking Engagements
  • CFOs and Rated Notes
    21 May 2024
    Global Private Capital Association
    GP-Led Secondaries Panel Discussion
    Hong Kong, China
    Speaker: Shawn Xiao Yang
    Speaking Engagements
  • Trends in the Current Fundraising Environment
    21 May 2024
    Global Private Capital Association
    GPCA Investors Training
    Hong Kong, China
    Speaker: Shawn Xiao Yang
    Speaking Engagements

Recent Events

  • Liquidity Management in Downturns: Decoding Key Metrics, Net Asset Value Dynamics and Strategic Alternatives
    20 March 2024
    Invest Europe
    Invest Europe Investors’ Forum
    Geneva, Switzerland
    Speaker: Gavin Anderson
    Speaking Engagements
  • Sale and Purchase Agreement
    15 March 2023
    Invest Europe
    Invest Europe Training - Fund Secondary Transactions
    Webcast
    Speaking Engagements
  • Sale and Purchase Agreements
    15 March 2024
    Invest Europe
    Fund Secondary Transactions Training
    Webcast
    Speaking Engagements
  • Secondaries as a Solution
    5 March 2024
    British Private Equity & Venture Capital Association
    BVCA Alternative Fund Strategies Conference
    London, UK
    Speaker: Gavin Anderson
    Speaking Engagements
  • The future of GP-led Secondaries
    5 March 2024
    British Private Equity & Venture Capital Association
    BVCA Secondaries Roundtable
    London, UK
    Speaker: Gavin Anderson
    Speaking Engagements
  • Liquidity in the Age of Scarcity -- What Can LPs and GPs Do?
    30 November 2023
    Debevoise & Plimpton LLP
    Webcast
    Speaking Engagements
  • Fund Secondary Transactions
    27 September 2023
    Invest Europe
    London, UK
    Speaking Engagements
  • Fund Secondary Transactions and Continuation Vehicles
    15 June 2023
    Trilegal & Debevoise
    Bangalore, India
    Speaking Engagements
  • Fund Secondary Transactions and Continuation Vehicles
    13 June 2023
    Trilegal & Debevoise
    Mumbai, India
    Speaking Engagements
  • Continuation Funds: After GP-led, Structured and Direct Deals… What’s Next for Secondary Market Innovation
    28 March 2023
    British Private Equity & Venture Capital Association
    BVCA Secondaries Conference
    London, UK
    Speaking Engagements
  • Sale and Purchase Agreement
    10 March 2023
    Invest Europe
    Fund Secondary Transactions Online Training
    Webcast
    Speaking Engagements
  • Continuation Funds – The Only Way Is Up?
    28 February 2023
    British Private Equity & Venture Capital Association
    BVCA Secondaries Roundtable
    London, UK
    Speaking Engagements
  • The Rise and Rise of GP-led Continuation Funds: Are LPs Really Benefiting from this Growing Exit Trend?
    11 November 2021
    Informa
    SuperReturn International
    Berlin, Germany
    Speaking Engagements
  • Marketing Restrictions for Private Funds - Overview of the New U.S. Regulations and Comparison to Recent Guidelines Issued in the EU
    3 November 2021
    Debevoise & Plimpton LLP
    Global Funds Monthly Regulatory Update
    Webcast
    Speaking Engagements
  • Spotlight on GP-led Transactions – Single Assets vs. Co-investment, a Replacement or a Temporary Surge?
    20 September 2021
    InformaConnect
    SuperInvestor 2021
    London, United Kingdom
    Speaking Engagements
  • LP/GP/Buyer Alignment in GP-leds: How to Create That ‘Win-Win-Win’
    20 September 2021
    Informa
    SuperInvestor 2021
    London, UK
    Speaking Engagements
  • Sale and Purchase Agreement
    17 September 2021
    Invest Europe
    Invest Europe Secondary Transactions Training
    Webcast
    Speaking Engagements
  • Single Asset Deals: The Future of the Secondaries Market?
    20 May 2021
    Informa
    Secondaries Summit
    Webcast
    Speaking Engagements
  • Private Debt Secondaries – Reaching Maturation?

    25 March 2021
    Accuris
    Private Debt Secondaries Webinar
    Webcast
    Speaking Engagements
  • GP-led Secondaries: What Next?
    10 February 2021
    British Private Equity & Venture Capital Association
    BVCA Alternative Strategies Series - Secondaries
    Virtual
    Speaking Engagements
  • The Rise of Single Asset Deals

    10 February 2021
    British Private Equity & Venture Capital Association
    BVCA Secondaries Roundtable
    Webcast
    Speaking Engagements
  • Learning from Practitioners: GP-Led Secondaries
    19 November 2020
    Emerging Markets Private Equity Association
    EMPEA Member Programme
    Webcast
    Speaking Engagements
  • Secondaries in a Post-Pandemic World
    8 October 2020
    British Private Equity & Venture Capital Association
    BVCA Summit 2020 – New Horizons
    Webinar
    Speaking Engagements
  • The Secondaries Market: Challenges & Outlook
    16 September 2020
    Informa Connect
    European Secondaries Summit
    Webinar
    Speaking Engagements
  • The Latest on GP-led Secondaries
    5 Feburary 2020
    British Private Equity & Venture Capital Association
    BVCA Alternative Fund Strategy Series - Secondaries Forum
    London, UK
    Speaking Engagements
  • New Tests for Private Equity
    4 December 2019
    Sahar Global Summits
    The 3rd Annual Private Equity and Secondaries Investor Summit
    New York, New York
    Speaker: Paul S. Bird
    Speaking Engagements
  • GP-led deals: finding the path of least resistance
    19 November 2019
    SuperInvestor
    Secondaries Summit
    Amsterdam, The Netherlands
    Speaking Engagements
  • The Current State of the Secondaries Market
    11 December 2018
    British Private Equity & Venture Capital Association
    BVCA Secondaries Roundtable
    London, UK
    Speaking Engagements
  • Issues and trends in GP-led fund restructurings
    11 October 2018
    British Private Equity & Venture Capital Association
    BVCA Summit Conference
    London, UK
    Speaking Engagements
  • The Rise & Rise of GP-Led Deals
    26 September 2018
    KNect365
    European Secondaries Summit
    London, UK
    Speaking Engagements
  • From Fund Restructurings to GP-Led Solutions - Where Next
    16 March 2018
    BVCA
    BVCA Secondaries Forum 2018
    London, UK
    Speaking Engagements
  • Key Trends in Fund Restructurings, Including GP-led Secondary Transactions
    11-13 March 2018
    IBA Private Investment Funds Subcommittee of the IBA Investment Funds Committee and the American Bar Association Business Law Section’s Federal Regulation of Securities Committee Hedge Funds Subcommittee
    19th Annual International Conference on Private Investment Funds
    London, UK
    Speaker: Andrew M. Ahern
    Speaking Engagements
  • Fund Restructurings
    24 May 2016
    Private Equity International
    PEI Secondaries Breakfast
    London, UK
    Speaking Engagements
  • Alternative Sources of Liquidity: New Opportunities in the Sponsor-Led Restructuring Space
    19 May 2016
    C5
    5th Annual Private Equity Secondaries Conference
    London, UK
    Speaking Engagements
  • The Alignment of LP-GP Interest in the Sales Process
    3 February 2016
    British Private Equity and Venture Capital Association
    Alternative Fund Strategies: Secondaries Forum
    London, UK
    Speaking Engagements
  • Tail End Solutions: It Ain’t Over Till it’s Over
    29 January 2016
    Private Equity Lawyers’ Forum
    PELF Annual Conference
    Debevoise & Plimpton, London, UK
    Speaking Engagements
  • Secondaries, Fund Extensions and Restructurings
    8 October 2015
    British Private Equity and Venture Capital Association
    BVCA Summit 2015
    The Landmark Hotel, London
    Speaking Engagements
  • Secondaries 101: An introduction to secondary purchases and sales of PE fund interests
    16 April 2015
    Debevoise & Plimpton

    This breakfast seminar will provide a brief overview of PE secondary transactions, including:

    • a summary of the deal process from start to finish
    • typical legal documentation
    • key issues in negotiating the purchase agreement
    • key structuring and tax considerations
    • role of the GP and potential conflicts of interest
    Debevoise & Plimpton, London
    Speaking Engagements