Happy Friday!
A trend we’ve been following in private equity is that of GPs looking for ways to extend their hold periods over certain treasured assets.
We’ve seen that accomplished through secondaries continuation fund deals, through some GPs raising funds specifically to reinvest in their own portfolio companies out of older funds, and through traditional M&A processes.
One example this week: BC Partners decided to take another bite of the apple with CeramTec, which makes ceramic products for medical implants and industrial uses. The firm initially invested in CeramTec in 2018 through its tenth fund. Read more here on PE Hub.
Check out our page exploring the Long Hold trend here, where you can find our huge archive of past coverage. And hit me up with your thoughts on GPs efforts to hold certain assets longer at cwitkowsky@buyoutsinsider.com or find me on LinkedIn.
Read the full PE Hub Wire column here on PE Hub...
