The Byron Hamburgers owner is exploring secondary liquidity options for limited partners in its €600m mezzanine Fund III.
2 min read · 27 July 2014
The interdealer broker’s alternatives arm is now trading more than just LP fund stakes. Bankruptcy claims are a ‘natural progression in this sphere’, says Tullet’s Dan Nolan.
2 min read · 14 April 2014
Several factors including higher pricing lowered buyers’ targeted returns, according to a survey of market participants by the Swiss investment bank.
2 min read · 11 April 2014
Secondaries Investor reveals more details about the Ardian-managed fund comprising 36 LP stakes.
1 min read · 10 April 2014
Report from global advisory firm Evercore puts deferred payment arrangements on a quarter of all transactions last year.
1 min read · 07 April 2014
Leverage is an increasingly common factor in getting large secondaries deals done.
3 min read · 07 April 2014
In a bid to reduce fees and bolster existing relationships, the US pension will put $100m to work in both its real estate and private debt co-investment and secondaries programmes.
2 min read · 19 March 2014
Last year, buyers on average paid 95% of NAV for private equities secondaries — a trend set to continue, says advisory firm Elm Capital.
1 min read · 03 March 2014
The Washington, DC-based mega-firm has already made investments from Carlyle Mezzanine Partners II and bought some mezzanine investments on the secondaries market.
2 min read · 03 March 2009