Secondaries deals are being disrupted by the fact that most of the world’s major public stock indices have fallen between 3 to 8 percent this year.
3 min read · 25 September 2015
In a falling NAV environment, buyers are often guessing where NAV will be the following quarter and it can paralyse some market participants.
3 min read · 18 September 2015
Increased competition, speedier transactions and market maturation are among the factors impacting fees advisors earn when brokering fund stake sales.
3 min read · 11 September 2015
General partners – with and without troubled funds – are increasingly seeing the secondaries market as a fundraising tool.
3 min read · 04 September 2015
Retail investors weren’t the only ones rethinking their moves in the midst of recent public market flux.
3 min read · 28 August 2015
An inside look at the latest market transaction reports and why they differ.
3 min read · 21 August 2015
Reporter Adam Le here, filling in while Marine’s on the West Coast. Two stories I reported on this week stood out in my mind as they both involved older funds and how – and whether – to find value in them.
3 min read · 14 August 2015
The supply of real estate secondaries is increasing dramatically, but it remains to be seen whether there’s enough demand to absorb it all.
3 min read · 07 August 2015
Deals are being done faster than ever, with binding bids coming in within a week or two, and large sales completing in half the time. That’s the key takeaway from Greenhill Cogent’s half-yearly volume and transaction data, but there are a couple of other driving factors too.
3 min read · 31 July 2015
Talking to market participants in Chicago this week, three clear themes emerged: buyers are becoming sellers, restructurings are here to stay and return expectation are way down.
3 min read · 24 July 2015
