This template summarizes and standardizes the key information LPs typically receive during continuation fund transactions. By consolidating essential data points in one place, it gives LPs the transparency needed to begin their internal roll/sell analysis more efficiently.
The template is not a substitute for definitive transaction materials or GP/advisor documents; it simply provides a clear, consolidated overview for existing LPs.
Get our full guidance, Continuation Funds: Considerations for Limited Partners and General Partners.
ILPA also partnered with Coller Capital to complete the ILPA Continuation Fund Disclosure Template using mock continuation fund transactions, available below.
The examples and responses are illustrative only and are designed to be informative, demonstrating the level of rigor, transparency, and analytical depth that market participants can expect when applying the template to real-world transactions.
The sample disclosures show how key information may be organized, explained, and contextualized to support LP decision-making. In practice, the appropriate level of detail will vary based on transaction complexity, asset characteristics, and investor requirements, and users may tailor the scope and sophistication of their disclosures accordingly.
