NEW YORK--(BUSINESS WIRE)--Lexington Partners (“Lexington”) announced a dedicated strategy and team focused on leading single-asset continuation vehicle (“CV”) transactions. In conjunction with the ...

What Happened: Platinum Equity created the continuation vehicle in 2021 specifically to move USS from one of its older private equity funds into a new fund. The Valuation: The maneuver valued USS at a ...

Private equity firms are increasingly turning to continuation funds as a deliberate strategy to navigate liquidity constraints, retain control of high-performing assets and optimize investor outcomes.

The private equity trend of continuation vehicles (CVs)—a strategy soaring in popularity—is in the spotlight due to a high-profile failure involving United Site Services (USS), a portable toilet ...