There are certain alternatives a company should consider in the 409A valuation process when permitting secondary sales, writes Ira Simkhovitch, a senior associate at Industry Ventures.
5 min read · 19 February 2015
Direct secondaries, GP-led transactions and other restructurings accounted for 19 percent of total volume.
1 min read · 18 February 2015
The Austin-based venture capital investment bank focuses about 40 percent of its investments on secondaries.
2 min read · 18 February 2015
The listed fund of funds from SL Capital Partners increased its position in Advent Global Private Equity VI and The Fourth Cinven Fund.
2 min read · 18 February 2015
Apax Europe VII recently exited Swiss mobile operator Orange Communications for $3bn.
1 min read · 18 February 2015
Christopher Davis has joined the firm from UBS where he was a wealth strategy associate.
1 min read · 17 February 2015
The Graphite Enterprise Trust has purchased a stake in the fund from New York-based Columbia University.
2 min read · 16 February 2015
A pure multiple comparison of six vintage years by the software provider found secondaries outperform primary funds by an average of just 0.07x, according to eFront COO Eric Bernstein.
2 min read · 16 February 2015
Think you know the difference between a fund recap and a restructuring? Your peers might not.
3 min read · 13 February 2015
European investors are turning to secondaries funds as they see a rising tide of activity in their home markets, but narrowing discounts and lofty valuations are also stoking concerns.
3 min read · 13 February 2015
