February 29, 2024
Willkie’s recent webinar on GP-led secondary transactions involving multiple funds and multiple assets has been covered in depth in a two-article series in Private Equity Law Report.
The articles encapsulate the discussion and analysis provided by partner Arash Farhadieh, who moderated the event, and a panel that included partners Adam Aderton, Matthew Block and Larissa Marcellino. The attorneys offer extensive insight into emerging market trends and the key commercial, legal and regulatory issues involved in GP-led secondary transactions.
The first article focuses on their discussion of the structures and timing of GP-led transactions, conflicts of interest and other emerging regulatory concerns, and the implications of structuring status quo and rollover options for existing LPs.
The second article addresses the tax considerations for GP-led transactions, initial priorities for sponsors undertaking such transactions, and the latest guidance from the U.S. Securities and Exchange Commission and other industry groups.
Read “Traversing Potential Conflicts and LP Election Options in Multi Asset, Multi Fund GP Led Transactions (Part One of Two)” here (subscription may be required).
Read “Ancillary Considerations in Multi Asset, Multi Fund GP Led Transactions and Regulatory Requirements to Weigh (Part Two of Two)” here (subscription may be required).
