Private equity

The assets are part of a US-focused subscription-led information and events portfolio PEI has purchased from Simplify Compliance Holdings.

Managing director Tony Cusano was listed in Secondaries Investor’s 2017 Young Guns of Secondaries ranking of the most impressive professionals in the industry under 36.

Anyone doubting that Asia could provide meaningful secondaries dealflow should think again.

The sale of the portfolio, which is largely unfunded, follows the banking giant’s February sale to buyers including Lexington Partners.

Five lawyers who focus on the sector will join the firm in April, bringing its European secondaries headcount to 15.

While GP-led processes can be technically and legally complex, emotions are often the biggest hurdle to closing a deal.

Jon Costello, head of the Secondary Advisory Group at PJT Partners, explains the impact on the broader private equity industry.

At a seminar held by the BVCA, Pomona, Glendower and Headway discussed doing deals in a market where volatility is the new norm.

Single-asset restructurings have exploded in popularity over the past 12 months, but are not to everyone’s taste.

The German GP is understood to be working with advisor Park Hill on a tender offer process on its sole fund.