The deal is said to be set to deliver a monster return to selling LPs.
3 min read · 21 August 2023
The $173bn institution is offloading PE stakes via secondaries as it looks to deploy more capital into directs, global PE head Jim Pittman says.
4 min read · 16 August 2023
The market for GP-led deals like single asset continuation funds continues to remain muted amid a gap between buyer and seller expectations.
2 min read · 16 August 2023
The asset was ‘a particularly strong fit to pursue a continuation vehicle’, managing partner Ron Kuehl tells Secondaries Investor.
2 min read · 15 August 2023
TPG GP Solutions has ‘line of sight” to reach $1bn, CEO Jon Winkelried said in the firm’s second-quarter earnings call.
2 min read · 09 August 2023
The firm, founded by Siguler Guff‘s former secondaries head, is yet to hold the final close for Banner Ridge Secondary Fund V, Secondaries Investor understands.
1 min read · 02 August 2023
Secondaries Investor reported in February that Glendower Capital Secondary Opportunities Fund V was expected to close over the summer.
2 min read · 31 July 2023
The total amount raised between January and June eclipses all of 2019 when just $36.9bn was collected in final closes.
2 min read · 26 July 2023
Early estimates for first half activity show secondaries transaction volume is off to a slower than anticipated start this year; yet, the market is expected to pick up some of the shortfall.
2 min read · 20 July 2023
The vehicle, which is around 30% larger than its predecessor, has been in market for just over two years and is already one of the largest dedicated standalone funds for secondaries.
2 min read · 18 July 2023
