Negotiations and arrangements for the remaining portfolio – including potential secondaries sales – can prove fiendishly complicated, writes Julia Corelli of law firm Pepper Hamilton.
10 min read · 29 March 2018
Plans to simplify the limited partnership agreement are ambitious, lawyers say.
7 min read · 28 March 2018
The firm has opened offices in Chicago and Los Angeles as it continues expanding its secondaries advisory and fundraising business.
2 min read · 26 March 2018
The $50bn pension fund has made exploring the secondaries market, as a buyer and seller, a key strategic priority.
2 min read · 26 March 2018
What does Verdane’s debut buyout fund say about the direct secondaries market?
2 min read · 23 March 2018
High pricing, more robust information and GPs being more actively involved in deals will lead to an increase of around 25%, according to research by Lazard obtained exclusively by Secondaries Investor.
3 min read · 23 March 2018
The strategy, which is run by Ardian and Lexington Partners, delivered a 16% return since inception for the $210bn US pension.
1 min read · 22 March 2018
The firm has more than tripled its deployment of LP capital through mandates over the past three years as investors seek to avoid the additional fees associated with primary funds of funds.
3 min read · 21 March 2018
Richard Olson, Bill Arnold and Dan Nolan talk to Secondaries Investor about the firm’s plans in the GP-led space and how it plans to stand out from the crowd.
4 min read · 21 March 2018
Asset and manager quality still pose problems for secondaries buyers in a market where many funds are coming to the end of their lives with large amounts of remaining NAV.
4 min read · 20 March 2018