"I think the core conflict is that the GP is essentially managing both the seller and the buyer", Alberto Gallo, CIO and Co founder, Andromeda Capital Management
enjoy the recording!
As private markets grow to encompass new products and approaches, ethical issues are rising too. A panel of experts examines the rise of continuation vehicles in private markets, why they've become so popular, and the ethical tensions they create for GPs, legacy LPs, and new investors.
- How continuation vehicles are mainly about liquidity and time
- Why the biggest ethical issue is the GP's dual role
- Why legacy investors need notice and disclosure when rolling or exiting
- How valuation in private markets is a process – not just a number
- The strong safeguards needed to make private markets transparent as they open up
cfauk.org/careers-and-cpd/resources/continuation-funds-ethical-issues-in-private-markets
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Aya Pariy
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