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
When it comes to pricing, speed is of the essence for LPs looking to sell portfolios, yet is only one piece of the puzzle.
3 min read · 15 September 2022
There’s plenty of room for growth in Chinese RMB private equity and VC secondaries, with the turnover rate for assets paling in comparison to other global regions.
2 min read · 08 September 2022
Though this year’s ranking of the biggest secondaries fundraisers has a different name at number one for the first time ever, many of the most interesting subplots can be found further down.
3 min read · 01 September 2022
A fund’s LP base will respond in varying ways to an organised liquidity option; understanding how alignment among LPs can differ is crucial.
3 min read · 25 August 2022
Buyers are hopeful that market conditions will give them greater power to dictate the terms of GP-led deals without discouraging sponsors from coming to market.
2 min read · 18 August 2022
