Commentary

Mill Reef’s Taverna: You can still generate alpha in this part of the market

Nico Taverna, founding partner at the GP-led focused firm, talks to Secondaries Investor about how it will invest its €350m second fund.

Goldman’s infra raise is the hidden jewel in its $15bn haul

The firm’s $1bn haul for its first dedicated commingled vehicle for infrastructure secondaries this week couldn’t come at a more opportune time.

Why ‘buy now pay later’ is making a comeback in LP secondaries

The use of deferred payments is increasing as sellers and buyers seek mutually beneficial ways to bridge deals.

Ardian senior execs: standardisation in GP reporting is one of the largest barriers for AI

Ardian’s Wilfred Small and Arnaud Mercier speak with Secondaries Investor about Ardian’s artificial intelligence platform and where AI’s limitations are in private markets.

Rubber stamp speeds up market standardisation

The SEC’s vote this week that makes third-party opinions in continuation fund transactions mandatory was a practice that was already becoming a market norm.

Willowridge’s Newman: We can only pay what we want to pay with prices stuck

Tail-end specialist Willowridge Partners closed its latest flagship, Amberbrook IX, on $900m earlier this month.

How secondaries can turbocharge evergreen PE funds

A focus on secondaries can deliver strong advantages for new open-end private equity funds, writes Nadim Vasanji, a managing director at Northleaf Capital Partners.

All roads lead to infrastructure secondaries

A confluence of dynamics is driving secondaries activity in the asset class – providing dealflow and attracting more buyside interest.

Glendower CEO: The larger the funds you raise, the easier it gets to raise them

Carlo Pirzio-Biroli, managing partner and chief executive of the secondaries firm, says it is easier to attract investors who want to write larger tickets – a difficult proposition with smaller funds.

Why LPs are getting the seven-year itch

There’s an interesting dynamic playing out in the secondaries market that suggests LPs’ thinking about how to manage their portfolios is evolving.