Carry On, Carry Over By Max LaVictoire and Ashley Anderson While continuation vehicles were once viewed in a negative light, due to the potential conflicts between GP and LP interests, or to the tendency for such vehicles to be utilized only when there had been a failure or delay in accomplishing a fund’s objectives, market sentiment is rapidly changing. Blackstone’s nearly US$15 billion recapitalization of BioMed Realty at the end of 2020 took what might have been a taboo co