Evercore’s half-yearly report highlights a notable decline in the proportion of LPs choosing to sell in GP-led processes. This could be indicative of profound, longer-term changes.
2 min read · 15 August 2019
With half the market on the beach, it’s time to take stock. These are the stories that generated most interest on Secondaries Investor in the first half of the year.
2 min read · 08 August 2019
First-half figures suggest another record-breaking year for secondaries deal volume, despite softer pricing and lower LP take-up in GP-led deals.
2 min read · 01 August 2019
Recent deals involving Bluegem Capital and Warburg Pincus have put a new spin on single-asset restructurings, raising interesting questions for LPs.
2 min read · 26 July 2019
Buyers are used to dealing with currency or concentration risk, but information asymmetry is trickier to price.
3 min read · 18 July 2019
Note to sellers: A portfolio containing managers with robust ESG policies is a more enticing proposition.
2 min read · 11 July 2019
Three years ago the thought of a $100bn secondaries market was met with a chuckle; today it looks more likely than not.
2 min read · 04 July 2019
Key takeaways from our podcast this week with 17Capital’s Augustin Duhamel on the state and future of preferred equity.
2 min read · 27 June 2019
The US prosecutor’s claim that Abraaj ‘boosted’ valuations to entice secondaries buyers is at odds with market logic.
2 min read · 20 June 2019
We need your help to compile the industry’s only ranking of the most impressive professionals under 35.
2 min read · 13 June 2019