Managing Secondaries – The good, the bad and the ugly
Secondaries are more commonplace. However, a change of ownership from one PE house to the next can be a bigger shift than most practitioners think. Managers have to get used to a new sponsor´s different expectations. And the same goes for new sponsors. They may have unrealistic expectations of management.
This month’s InFocus features RealDeals´ Humatica column on the special challenges secondary transactions represent for sponsors and managers alike.