If it reaches its target, Clipway Secondary Fund would be one of the largest debut funds from a spin-out or newly established firm.
2 min read · 18 July 2023
Activity has slowed compared with last year’s figures, when the market saw $54bn of volume in the first half.
2 min read · 17 July 2023
The departure comes two years after the complex secondaries specialist agreed to be acquired by PGIM, the asset management arm of insurance company Prudential Financial.
1 min read · 14 July 2023
The transaction is the second the UK-headquartered buyout firm has closed this year after its single-asset process involving SERB.
2 min read · 13 July 2023
The lower-mid-market-focused manager had set a $650m hard-cap on RCP Secondary Opportunity Fund IV.
1 min read · 12 July 2023
While demand for such deals is high, activity has only been steadily increasing this year amid price discrepancies and a limited capital base.
4 min read · 12 July 2023
The firm, founded by Landmark Partners veteran Ian Charles, has assembled a group of ex-Landmark, Stonyrock and Kirkland & Ellis professionals for the unit.
4 min read · 11 July 2023
Newbury Equity Partners VI’s moderate step-up in ticket size is consistent with Newbury’s longtime focus on small and mid-cap secondaries deals.
2 min read · 06 July 2023
Chief executive Christian Sinding had said on the firm’s Q1 earnings call it was pondering alternative liquidity options including continuation funds.
2 min read · 06 July 2023
The firm has hired executives from Arch Capital and StepStone, and moved two people across internally to bulk up its secondaries offering.
2 min read · 05 July 2023