Appetite rising for continuation deals, says TPG NewQuest

A continuation vehicle helps investors hold on to successful portfolio companies, or trophy assets

- Priyamvada C. & Mansi Verma

The Indian investment ecosystem is likely to see rising appetite for concentrated continuation vehicles (CVs), including single-asset CVs, over the next three to five years as the market shows early signs of maturity, much like its global peers, Mamtesh Sugla, managing director (MD) at TPG NewQuest, told Mint in an interview.