With sponsor commitments as a percentage of investor commitments in continuation vehicles trending lower and deal terms and structures getting more creative, what should carry the burden of investor protection?
A rigorous, independent fairness opinion
% (0 votes)
Full disclosure + LPAC negotiating leverage
% (0 votes)
Mandatory minimum sponsor co-investment
% (0 votes)
Conduct dual track process
% (0 votes)
All of the above
% (0 votes)