Commentary

As buyout shop Astorg makes moves to fill its secondaries bench in its effort to back continuation funds, the key will be winning over firms that may view it as a competitor.

Tikehau Capital subsidiary Opale Capital this week said it would offer AlpInvest, Goldman Sachs and HarbourVest’s secondaries products to non-institutional investors.

Affiliate title PE Hub Europe caught up with the London-based Secondary Investment team associate for Pride Month.

The portion of LPs looking to back secondaries funds is only increasing as investors seek ways to turn negatives into positives in the current crunch.

Generative artificial intelligence and machine learning could be used in a ground-breaking way in the secondaries market, though there are a few hurdles to overcome first.

GP-led deals involving healthcare assets can provide an intoxicating mix of strong downside protection and meaningful upside potential.

Benjamin Revillon’s firm’s X-shares have been a social responsibility model to follow, while its pre-pandemic headquarter relocation to the south of France was enviable.

When it comes to fund debt, lenders and borrowers need to consider their unique features to create a workable facility, write lawyers from Mayer Brown.

Our latest poll of the legal world suggests a $1trn market isn’t far off.

Legal experts we spoke to this week say a black-and-white view of status quo options is neither useful nor practical.