Fadi Samman Quoted by Mergermarket on Private Equity Continuation Funds
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For its article “PE continuation funds: GP appetite for secondaries faces supply-demand imbalance,” Mergermarket quoted investment management partner Fadi Samman. The article discusses how continuation funds are expected to become increasingly prominent as a liquidity option for GPs in the coming years, even as the outlook for private equity exits slowly improves and concerns about a supply-demand imbalance persist.
On the continuation funds transaction process, Fadi said, “Since the GP is on both sides [of the transaction], there will always be a healthy dose of skepticism. As LPs have gotten smarter, they’ve pushed GPs to have better governance.”