Mid-market GP stakes will roll into perpetual vehicles within a decade
Wylie Fernyhough · Wylie Fernyhough – Private Equity Stakes (Capital Allocators, EP.208) · Aug 13, 2021 · at 32:22
Wylie Fernyhough discusses the structural differences between closed-end mid-market GP stakes funds and perpetual mega-funds.
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“I think we're going to get to some .810 years down the road where these mid-market Funds are still holding quite a few high quality assets, and they might be rolled into some sort of special purpose or perpetual life vehicle where LPs then get the option to either cash out or kind of roll into that.”
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