The rise of continuation funds, also known as GP-led secondaries, has become one of the biggest trends in private equity. Although continuation funds are not a new concept, they have been used aggressively in recent years. In 2021 and 2022, the total deal volume of GP-led transactions reached $116 billion. This article first explains the structure of a simple continuation fund and the reasons why PE firms adopt them, then discusses the SEC’s proposals which aim to regulate th

The collapse of FTX may seem to be a crypto story, but it is simply another tale about the risks of lax corporate culture and the importance of effective regulatory policy, whether it involves traditional financial instruments such as a stock or innovative ones such as a crypto token. Yet, FTX does more than just show how dangerous it is for businesses to conduct financial transactions without proper risk management and control systems in place; it also emphasizes the need fo

Despite swaths of information being easily accessible through the internet today, performing effective research requires practice and skill. The magic of ChatGPT is that it takes away the need for such skill and allows users to access information in a conversational and easily understandable form, instead of producing a list of hyperlinks like search engines currently do. ChatGPT was developed by OpenAI, and has the potential to transform the search industry. It has been comp