Another relatively rare GP-led transaction has closed in the secondaries market, adding to the pool of ever-growing manager types in an already competitive landscape.
3 min read · 17 November 2022
The development of the secondaries market is one based on disruption of an asset class; the tokenisation of private markets funds could follow a similar trajectory.
3 min read · 10 November 2022
Carlyle, Sun Capital and Harvest Partners are all out in market running tender offers plus a staple – a tool that’s not available to just any GP.
3 min read · 03 November 2022
The PEI Awards celebrates its 21st anniversary, with 12 secondaries categories up for grabs.
2 min read · 27 October 2022
It’s all about alignment and outperformance when it comes to selling the idea of a GP-led; two reports this week suggest LPs and GPs have a way to go to get on the same path.
2 min read · 21 October 2022
Information is king in getting a deal over the line in a buyer’s secondaries market for GP-led transactions.
2 min read · 13 October 2022
British pensions have been dumping liquid assets to free up cash due to the gilt crisis; whether they’re currently selling private markets holdings for the same reason is another question.
3 min read · 06 October 2022
The dream of a private equity evergreen fund structure continues with murmurs that market participants are exploring ideas for the launch of just such a vehicle.
3 min read · 29 September 2022
Data from Lazard shows that buyers are moving away from single-asset deals priced off a preceding minority stake sale.
2 min read · 22 September 2022