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Private equity turns to continuation funds to keep hold of trophy assets
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fnlondon.comEarlier this year, BC Partners found the perfect buyer for Springer Nature: itself.
Unwilling to let go of its prized asset, the London-based private equity firm sold its 47% stake in the academic publisher to a new investment vehicle which it also controlled.
The move highlighted a growing trend among buyout shops who are raising so-called...
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