How one private equity group’s deals show risks of firms selling to themselves
Triton Partners sold assets for more than it had told original backers they would be worth after putting them into a continuation fund
Triton Partners sold assets for more than it had told original backers they would be worth after putting them into a continuation fund

So-called continuation vehicles set to account for a fifth of sales by the sector in 2025

Investors question if some institutions rubber-stamp deals that could benefit other businesses

Popularity of evergreen vehicles with wealthy individuals could ‘fundamentally alter the landscape of private equity’

Trusts give retail investors the opportunity to get a slice of highly sought-after private companies — but the trend poses…

Firms like Apollo find it hard to shake narratives formed by legacy private equity and distressed debt operations

Elite private capital firms have piled into the secondaries market as they race to attract assets