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Parker Kelsey and Barrie Covit Quoted in Law360 on 2023 Private Equity Fundraising Market

12.20.23

Funds Partners Parker Kelsey and Barrie Covit were quoted in a Law360 article titled, “What The Largest PE Funds In 2023 Say About The Industry,” which also highlighted the Firm’s work advising on three of the top 10 largest private equity buyout funds of the year, the most of any firm. Parker explained that larger fund managers remained successful this year, which is consistent with “the overall trend that we have seen over the last several years of a consolidation in the market and a flight to the prominent, well-developed and trusted names.” Barrie further discussed the importance of secondary funds to the fundraising market, noting, “As exit opportunities have been more scarce, the secondary specialists have really stepped in as a key source of liquidity.” Looking ahead, Parker and Barrie said they expect to see increased activity in infrastructure and real estate in the coming year, in addition to a continued growth in secondaries funds.

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