Investment bank Edmond de Rothschild Corporate Finance and placement agent Jasmin Capital have formed a strategic partnership to advise on continuation vehicle transactions. The collaboration combines Edmond de Rothschild's M&A advisory capabilities in small- and mid-cap deals with Jasmin Capital's expertise in CV structuring and secondaries market relationships.

This joint offering will provide independent advice to private equity firms on both strategic and operational aspects of CV deals, with particular focus on co-control transactions. In these deals, managers can offload part of their stake through M&A while retaining remaining interests via continuation vehicles. Jasmin Capital reported closing six deals worth €94 million between November 2023 and October 2024, with LP-led portfolio sales comprising 57 percent of activity.

Edmond de Rothschild completes approximately 65 deals annually, while Jasmin Capital has advised on GP-led transactions involving more than 80 portfolio companies since 2017. The partnership follows similar moves by competitors, including JPMorgan and Campbell Lutyens, who formed a joint advisory offering in 2023 focused on single-asset and concentrated multi-asset CV transactions.