Industry GuidancePrinciples & Best PracticesContinuation FundsContinuation Funds Draft Guidance Feedback

Submit Your Feedback on ILPA’s draft new Continuation Vehicle (CV) Guidance

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Be a Part of Shaping the Industry

Please download the new draft CV guidance materials and add your comments in-line in these documents, and then submit this feedback by uploading any of the documents on which you have provided comments using the submission form below.

The documents included in the CV Guidance Materials are the following:

  • New draft CV Guidance: this document is intended to replace the existing 2023 guidance and sets out best practices in full to serve as a framework for strong CV process management, including appendixes with additional supporting information.
  • New draft GP Checklist: this checklist is based on the new guidance and is designed to be completed by the GP to highlight adherence to the ILPA best practices and standards set out in the new guidance.
  • New draft LP Evaluation Questionnaire: this short questionnaire is designed to act as a quick reference tool for LPs to identify whether a CV process meets core LP needs for assessing a CV transaction in line with the best practices in the new guidance.
  • New draft CV process timeline: this sets out the process steps for a typical CV transaction and identifies key LP engagement points.

Your input is critical in shaping a framework that supports informed LP decision making and strengthens industry standards.

The final CV Guidance will reflect the input received during this engagement process, which is to be released later this year.

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