William Blair’s private capital advisory team recently highlighted the increased use of reps and warranties insurance as GP-led secondaries transactions grow more and more common, and the team’s white paper on the topic was republished in SecondaryLink.
“Market participants have benefitted significantly from RWI, as it helps protect investment value, generate greater liquidity, facilitate negotiations, and manage potential conflicts of interest by increasing alignment among the sponsor, selling fund, and incoming investors,” the team wrote in its report.