A key feature of the surge in GP-led secondaries transactions – and in last year’s record breaking $130bn+ secondaries market activity as a whole – has been the rolling of portfolio company assets into continuation funds, which offer GPs more flexibility on hold periods and value creation for their LPs. In this episode, Dechert’s Thiha Tun leads a discussion with Kroll’s David Lee and Columna Capital’s Michael Tose on this trend and whether it will continue.