SEC Chair Mary Jo White outlined some of the issues with direct secondaries in a keynote session at the Annual Securities Regulation Institute meeting in January.
2 min read · 23 February 2016
The two most sought-after managers in the US and Europe have no hurdle rates on their latest funds.
2 min read · 23 February 2016
San Francisco-based Industry Ventures is seeking $200m for Fund IV, a fund of funds that can buy early VC secondaries.
1 min read · 23 February 2016
Secondaries was one of only three strategies to generate positive IRRs on a quarterly basis alongside European private equity and venture capital funds.
1 min read · 22 February 2016
The global investment firm has acquired a stake in Charterhouse’s 2008-vintage fund from Rice University amid increasing sales from endowments and foundations.
2 min read · 22 February 2016
The placement agent and global advisory firm also hired Sarah Sandstrom, a new partner in its New York office.
1 min read · 22 February 2016
Leveraging a portfolio for liquidity can be similar to refinancing a property, but what effect does this have on the secondaries market?
3 min read · 19 February 2016
The deal includes 97 retail, office and hotel assets in Sweden and Finland and is the second large portfolio Partners has acquired from Sveafastigheter.
1 min read · 19 February 2016
LPs expect to see detailed budgets to justify fees and ensure they are not being excessively charged, according to MJ Hudson’s first LP Intel report.
3 min read · 19 February 2016
Respondents to the placement agent’s Secondaries Outlook Report cited three main drivers behind why they expect deal volume to drop as much as 18%.
1 min read · 18 February 2016
