Private equity investor body sounds alarm on ‘conflict vehicles’
Continuation vehicles and rush for retail money are driving problematic behaviour by industry, warns ILPA executive
Continuation vehicles and rush for retail money are driving problematic behaviour by industry, warns ILPA executive

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

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

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

Fundraising by evergreen vehicles has slowed amid worries about exposure to software and AI

Surge of investment has raised concerns about whether advisers adequately explain illiquidity risk

Examples of assets shunted from one continuation vehicle into another are dribbling out