Press Coverage

Brian Korman Quoted in FundFire: "LPs Demand ‘Guardrails’ on Managers Pitching Continuation Funds"

March 11, 2026 – FundFire
Portrait of Brian A. Korman

Ice Miller partner Brian Korman was quoted in the FundFire article, “LPs Demand ‘Guardrails’ on Managers Pitching Continuation Funds.”

The article included:

Overall, these negotiated terms are "guardrails" as opposed to restrictions, and LPs are just "standardizing expectations," said Brian Korman, a partner in the business law practice at Ice Miller.

"They just really want a cleaner process, clearer disclosures and tighter conflict management," he said. "Continuation vehicles are a liquidity and an optionality tool, and the optionality benefits the LPs more than anybody."

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