We round up the key takeaways from sister publication Private Equity International’s coverage of fund finance, such as that these lines arguably make the most sense for secondaries.
3 min read · 27 November 2017
Cyril Demaria, head of private markets at Wellershoff & Partners, argues secondaries provide a false sense of security to investors and that the benefits of mitigating the J-curve may have been oversold to LPs.
4 min read · 24 November 2017
Limited partners are acting to preserve their individual interests and make clear they do not represent the LPs collectively in a fund, a conference has heard.
2 min read · 23 November 2017
Around 80% of the firm’s latest secondaries fund is invested in GP-led processes, according to chief executive Christophe Bavière.
2 min read · 22 November 2017
Timber Bay Partners, a secondaries firm founded by two Fort Washington executives, is seeking $200m according to a US Securities and Exchange Commission filing.
1 min read · 22 November 2017
A revamped internal structure, new business lines and a focus on separate accounts have helped the firm thrive in a tough market for funds of funds, says head of secondaries Wouter Moerel.
5 min read · 21 November 2017
The agency will start spending less time on new financial regulations, according to its chairman, Jay Clayton.
2 min read · 21 November 2017
Credit Suisse’s former global head of secondaries Mike Custar has emerged at a Jefferies spin-out boutique advisory firm, Secondaries Investor has learned.
1 min read · 17 November 2017
The investment bank has hired Mark McDonald to lead the unit after its original team spun out to form Glendower Capital.
2 min read · 16 November 2017
Charles Daulon du Laurens has been hired to help the firm internationalise its investor base across primaries, secondaries, VC and mezzanine.
2 min read · 16 November 2017