EY-Parthenon on recent trends in continuation funds

As continuation funds move from niche to mainstream, they promise liquidity and extended value creation. But do they always deliver fair outcomes?

EY-Parthenon has explored this question in their latest article. Continuation funds can unlock growth and optionality for investors, yet they also raise critical valuation challenges and conflict-of-interest risks. Transparency and independent validation are key to making these deals a true win-win.

What you need to know:

• Global GP-led secondary transactions grew significantly in the recent years.
• Continuation funds deliver performance comparable to more traditional PE structures.
• Dutch market is also embracing continuation funds.
• Regulatory scrutiny is rising – fairness opinions are no longer optional.

Explore in more detail by downloading the article.