Editor Insights

The view from 30,000ft above Asia

Secondaries Investor is in Hong Kong and Japan this week and next to find out if Asian secondaries are living up to their promise.

Fuelling activity

Three reasons why energy-related secondaries deals are gathering pace.

Lessons from the Caspersen case

A little due diligence goes a long way, and that’s no less true for secondaries than any other part of the financial services industry.

Tapping Japan’s $3trn war chest

There are enormous pools of money in Japan just waiting to be deployed into alternative assets, and the secondaries market is the logical place for institutional investors there to start.

Of tail-ends and dogs

Sales of tail-end fund stakes are expected to increase this year, so buyers will have to carefully weigh the enticing discounts against some potential portfolio howlers.

In the pipeline

While infrastructure accounted for just $1.6bn of the secondaries market last year, funds needing liquidity solutions could be valued at tens of billions.

RE secondaries are hard to predict – but expected to grow

Dealflow in real estate secondaries jumped 71% last year and market participants say another rise this year will be dependent of a couple of things.

More liquid, more competitive

Leveraging a portfolio for liquidity can be similar to refinancing a property, but what effect does this have on the secondaries market?

The banks will be back

Financial institutions may have missed the boat in terms of pricing, but this won’t deter them from returning to the market as sellers this year for several reasons.

The view from London in 2016

Tail-end opportunities, the beauty of volatility and the proliferation of GP-led transactions were among the topics broached at an industry event in London this week.