Level Capital Club
Level Capital Club sits at the intersection of private markets and family offices, founded on the recognition that both have evolved significantly over the past decade.
Its aim is to provide expertise and insights into private market trends and outlooks, while offering a deeper understanding of how family offices operate, invest, and understanding the allocation trends.
Level Capital Club is designed for family offices seeking to stay ahead of emerging trends and opportunities in private markets, as well as for fund managers and service providers who are genuinely interested in understanding the needs and perspectives of family offices.
In addition to its insights, Level Capital Club seeks to foster a global community of like-minded professionals who recognize that long-term business is built on trusted relationships.
Level Capital Club
Continuation Funds: The Rise of Private Equity’s Second Act
Use Left/Right to seek, Home/End to jump to start or end. Hold shift to jump forward or backward.
Are continuation vehicles a structural shift in private equity — or simply a cyclical response to today’s market?
Continuation vehicles, also known as GP-led secondaries, are a rapidly growing — yet still relatively emerging — segment of private markets.
According to the latest continuation study by Schroders, transaction volumes are approaching $50B in 2024, representing a 27% compound annual growth rate since 2015.
With this growth, we wanted to better understand what is truly driving the market.
We had the opportunity to speak with Andriy Panasenko, Founder of Renaissance Advisory, who brings more than two decades of experience across private equity and consulting.
In our discussion, we explored:
• The current state of the continuation vehicle market
• Whether the growth is structural or cyclical
• What types of companies are best suited for continuation vehicles
• The benefits for LPs — and the key considerations to keep in mind