The expansion of private credit and increased private equity hold times have led to a surge in creative solutions to get capital back to investors.
Leor Landa leads the investment management practice at Davis, Polk & Wardwell. That practice steered over $200 billion in funds and transactions last year. And Landa says the world of fund formation is changing, and quick.
Legal Speak’s Patrick Smith had a chance to speak with Landa to discuss how historically low private equity exits have been and how increased hold times have created a flurry of activity in other types of transactions, such as fund finance and secondaries, as sponsors look for ways to return capital to their investors. And then there is private credit.
Stay tuned to Patrick Smith’s interview with Davis Polk investment management practice head Leor Landa.
