Whether LPs like it or not, the practice has continued all the same, with the total dollar value of continuation funds expected to have hit $100 billion by the end of 2025. That compares to $35 billion in 2019, according to New York Times’ analysis of data from investment bank Evercore . And though such moves have gained considerable traction, they pose a range of potential governance concerns for both private equity firms and management at portfolio companies they own. Some critics have derided continuatio ...