Morgan Lewis Survey Details Growing Consensus on Continuation Vehicle Fees, Expenses and Other Terms, PE Law Report

PE Law Report highlighted Morgan Lewis's Continuation Vehicle Report: Perspectives on Evolving Market Practices for Continuation Vehicles, examining the evolution of the continuation vehicle market and the increasing alignment around transaction terms despite growing deal complexity.

The article discusses the report’s findings on key market trends, including deal size, fund duration and extension provisions, fee structures, expense caps, sponsor commitments, and key person provisions. It notes that the report reflects the continued maturation of the continuation vehicle market and provides practical insights into the considerations shaping transactions for sponsors and investors.

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