Secondaries advisors are increasingly incorporating fairness opinions into GP-led restructurings, giving LPs an independent perspective while providing insurance for fund managers. Overall, fairness opinions are seen as a step in the right direction toward better representation of LPs.
2 min read · 11 December 2015
Investments held for more than four years will remain subject to capital gains tax treatment.
2 min read · 11 December 2015
The VC firm, backed by American investor Tim Draper, will use proceeds from the IPO to buy out investors from one of its funds.
2 min read · 10 December 2015
Singapore’s $344bn sovereign wealth fund hired a former Pantheon exec in October and is seeking a secondaries professional for its Singapore office.
1 min read · 10 December 2015
The fund of funds manager, which also invests in secondaries, expects global growth across all markets in the coming months to be lower, says Hamilton Lane chief investment officer Erik Hirsch.
3 min read · 10 December 2015
The wholly owned subsidiary of Northern Trust, which launched earlier this year, purchased the fund interest from Brown Brothers Harriman.
2 min read · 10 December 2015
The secondaries firm has raised €154m for its European Secondary Development Fund V. Swedish pension AP Fonden 3 is a returning investor.
1 min read · 09 December 2015
The vehicle has acquired stakes in Latin American agribusiness funds, as well as interests in a secondaries fund.
2 min read · 09 December 2015
The firm is ‘changing the status quo’ by launching US, UK and Australian private markets offerings tailored for defined contribution pension plans.
2 min read · 09 December 2015
A consortium led by Access Capital Partners restructured Odin’s two buyout funds. The firm also rebranded to BWB Partners.
2 min read · 08 December 2015
