2023 Continuation Fund and Cross-Fund Market Insights

Throughout the year, we observed an increase in continuation fund and cross-fund transactions, as sponsors utilized creative strategies to optimize portfolios and create liquidity in an environment where traditional exits were more challenging. With declines in IPO volume, M&A volume, and private equity exits, sponsors looked to these alternatives to drive returns and distributions for investors. Download our report for our in-depth analysis and observations: https://hl.com/insights/2023-continuation-fund-and-cross-fund-market-insights/