Moonfare Enters Osaic’s $2 Billion GP-Led Continuation Vehicle

Moonfare’s participation in Osaic’s $2 billion continuation vehicle highlights how GP-led liquidity deals are becoming larger, more common, and more widely financed.

Updated

What is this trend?

Moonfare’s entry into Osaic’s $2 billion GP-led continuation vehicle shows secondary buyers and wealth-platform capital are broadening the market for sponsor-led liquidity and longer hold periods.

  • Buyer pools are widening beyond classic secondaries firms.
  • Wealth-platform capital is entering GP-led continuation deals.
  • Sponsors can deliver partial liquidity without selling the asset outright.
  • Early buyer mapping and LP messaging are now core deal prep.
  • Secondary-structuring skills are becoming a must-have for PE teams.

What’s the latest?

Moonfare joined Lexington Partners and Ares Secondaries in Osaic’s roughly $2 billion GP-led continuation vehicle, structured by Reverence Capital Partners.

Wealth Platforms Enter Continuation Vehicles, and Financing Terms Tighten Before IC

How it developed

  1. Continuation Vehicles, AI Drafted Diligence, and Recovery Analysis Redefine Private Markets

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