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Secondary Markets Financial Markets

Ropes & Gray LLP

Continuation Funds: A Structural Phenomenon?

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A recurring topic of discussion among secondaries market players is the extent to which the growth in GP-led deal volume in recent years has primarily resulted from transitory factors, such as softness in exit markets. A...more

Troutman Pepper Locke

The Evolving Continuation Vehicle

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Secondaries – and continuation vehicles, in particular – is proving to be a useful tool for both sponsors and investors. Depending on the value remaining in a particular asset or portfolio of assets, many investors in the...more

Stikeman Elliott LLP

Ontario’s Top Court Affirms Evidentiary Principles on Motions for Leave to Commence a Secondary Market Misrepresentation Action

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In Drywall Acoustic Lathing and Insulation (Pension Fund, Local 675) v. Barrick Gold Corporation, 2024 ONCA 105, the Ontario Court of Appeal affirmed the lower court’s decision denying in part the motion for leave to commence...more

Alston & Bird

Investment Management, Trading & Markets – Secondaries Update – Q2 2021

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EVENTS AND INSIGHTS In May, London partner Saloni Joshi moderated the discussion ‘Secondaries: State of the U.S. and European Markets’. Panelists from Jefferies, Tikehau Capital North America, and CPP Investment Board...more

Mayer Brown Free Writings + Perspectives

Commission Requests Innovative Proposals to Address Thinly Traded Securities

The Securities and Exchange Commission issued a statement that seeks innovative proposals that would improve the secondary market structure for exchange listed equity securities that trade in lower volumes, or “thinly traded...more

Sullivan & Worcester

Updated New York Law Master Participation Agreement & Guidelines Published

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International financial services association BAFT (the Bankers Association for Finance & Trade), together with ITFA (the International Trade and Forfaiting Association) have published an updated New York law Master...more

Mayer Brown Free Writings + Perspectives

Private Secondary Market Liquidity

In a paper titled “Cashing it In: Private-Company Exchanges and Employee Stock Sales Prior to IPO,” authors David F. Larcker, Brian Tayan, and Edward Watts review the practices of 34 tech and services-related companies as...more

Herbert Smith Freehills Kramer

SEC, FINRA Target ICOs, Cybersecurity, Secondary Market Trading in 2018 Examination Priorities

Both the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) recently released their respective 2018 examination priorities, providing a glimpse into their plans for the year to...more

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