VCs love the idea of continuation funds. Here's why there aren't more of them.

The worst M&A and IPO environment in over a decade is forcing many VC firms to consider selling their startup stakes to secondary buyers in order to return capital to LPs.

While VCs are exploring all flavors of secondary solutions, continuation funds are gaining more momentum than other transaction types, investors say. These vehicles allow existing LPs to sell aging assets to new buyers or roll those investments into the new fund. READ MORE