Editor Insights

A case in Minnesota highlights the precarious nature of ESG risk

GPs can be at the mercy of even the weakest connections to adherence to ESG standards – real or perceived.

Notes before the end of year deal-making onslaught

The normalisation of continuation funds, the pervasiveness of secondaries technology and the opportunity for retail capital are three areas that have caught our attention in recent weeks.

Ares is vindicated if Landmark hits its $3.5bn fundraising target

A successful fundraising by the secondaries business would help to prove investors are not concerned about a conflict of interest.

Specialisation is fast becoming the key to having an edge

Recent fundraises for timberland secondaries and GP-led European strategies illustrate a growing trend.

Asia is booming but regulatory risk looms

The actions of the Chinese government could be the difference between a good and a great year for the Asian secondaries market.

What the advisers think you need to know post-summer

Here are five things to know about the state of the market for when you return to the office after your much deserved mid-year break.

The GP-led engine is hot. Will fingers be singed?

With GP-led deals now a bigger market than LP stakes, managers will do well to ensure the market maintains its momentum.

Making a late primary? Don’t forget about the equalizer payment

There’s a little fee LPs must pay when making a late commitment to a fund, which can make some secondaries investments unviable.

StepStone’s Greenspring buy shows secondaries M&A in heat

The acquisition is at least the fourth this year by a large firm looking to get in on a rapidly expanding market.