Guidance for Continuation Fund Transactions

This guide by the Institutional Limited Partners Association (ILPA) provides essential considerations for Limited Partners (LPs) and General Partners (GPs) regarding continuation funds. It outlines the complexities, processes, and best practices for structuring continuation fund transactions to ensure alignment of interests and maximize value for LPs. Key topics include LP engagement, conflict disclosures, and transaction timing, aimed at enhancing decision-making and transparency in private equ