GP Stakes Decoded: A Dual-Lens Guide for Sponsors and Investors

Over the last decade, the market for minority investments in alternative asset manager sponsors (commonly structured as “GP stake” transactions) has matured from a niche strategy into a mainstream feature of the industry. There are good reasons for this: GP stake transactions can provide significant benefits for investors and sponsors across private equity, private credit, real estate, infrastructure, and secondaries strategies (the “GPs” or “sponsors”).... By: Mayer Brown