Leanne Moezi

Apr 19, 2024 | jdsupra.com | Adam Brown |Ed Harris |Leanne Moezi

April 19, 2024 Adam Brown, Ed Harris, Leanne Moezi, Lily Wu Hogan Lovells + Follow x Following x Following - Unfollow Contact To embed, copy and paste the code into your website or blog: It is now no longer uncommon that as a condition to approving the transfer of a limited partner ("LP") interest in a private fund, the general partner ("GP") of such fund may seek a stapled primary commitment to its newest vintage fund from the potential buyer. Given the increasing prevalence of these...

Apr 18, 2024 | lexology.com | Ed Harris |Adam Brown |Leanne Moezi |Lily Wu

It is now no longer uncommon that as a condition to approving the transfer of a limited partner ("LP") interest in a private fund, the general partner ("GP") of such fund may seek a stapled primary commitment to its newest vintage fund from the potential buyer. Given the increasing prevalence of these requests for staples and the corresponding impact they have on a deal, this article explores the topic of staples and how they may affect an LP stake sale.

Mar 1, 2024 | jdsupra.com | Adam Brown |Ed Harris |Leanne Moezi

March 1, 2024 Adam Brown, Ed Harris, Leanne Moezi, Amelia Stawpert, Lily Wu Hogan Lovells + Follow x Following x Following - Unfollow Contact To embed, copy and paste the code into your website or blog: For the investment teams of pension funds, endowment funds, family offices and similar institutional investors investing in private funds, barely a week goes by without their inboxes filling up with a long election booklet explaining the fund they invested in is now undergoing a GP-led...

Jan 31, 2024 | lexology.com | Edward Brown |Ed Harris |Leanne Moezi

Private equity and other illiquid private market investment funds have become increasingly relevant to pension fund investors in recent years as they have sought to diversify a minority proportion of their portfolios away from public market securities. Some pension funds may now find that they are over allocated to private funds because of declining values in public markets.

Oct 19, 2023 | jdsupra.com | Adam Brown |Ed Harris |Leanne Moezi

GP-led liquidity transactions (“GP-leds”) have gone from niche to mainstream over the last 10 years, with the market accelerating during the period of COVID lockdowns. Many GP-leds that took place in, and directly after, the period of COVID lockdowns were for portfolio companies that were initially lined up for a direct auction sale, which did not proceed due to the various challenges of that period.