What does Verdane’s debut buyout fund say about the direct secondaries market?
2 min read · 23 March 2018
High pricing, more robust information and GPs being more actively involved in deals will lead to an increase of around 25%, according to research by Lazard obtained exclusively by Secondaries Investor.
3 min read · 23 March 2018
The strategy, which is run by Ardian and Lexington Partners, delivered a 16% return since inception for the $210bn US pension.
1 min read · 22 March 2018
The firm has more than tripled its deployment of LP capital through mandates over the past three years as investors seek to avoid the additional fees associated with primary funds of funds.
3 min read · 21 March 2018
Richard Olson, Bill Arnold and Dan Nolan talk to Secondaries Investor about the firm’s plans in the GP-led space and how it plans to stand out from the crowd.
4 min read · 21 March 2018
Asset and manager quality still pose problems for secondaries buyers in a market where many funds are coming to the end of their lives with large amounts of remaining NAV.
4 min read · 20 March 2018
The fund is targeting primary fund investments, secondaries and direct co-investments in Europe, Asia and emerging markets.
1 min read · 19 March 2018
Timothy Clark, whose work includes a $1bn secondaries disposal by a US pension, has returned to the law firm after a stint at O’Melveny & Myers.
1 min read · 19 March 2018
Our annual survey of activity highlights the growing significance of manager-led transactions.
2 min read · 16 March 2018
The firm is targeting blue-chip buyout funds in South Africa and the sub-Saharan region, with a first close expected in June.
2 min read · 15 March 2018
