Commentary

The five most popular stories of 2021 so far

Private equity, and secondaries especially, is a people business, so it’s no surprise to see what has drawn the most sets of eyeballs during the first half of the year.

The SI 30 is becoming the SI 50 – here’s how you can get involved

The secondaries market is growing and this ranking of the biggest fundraisers is growing with it.

Continuation fund deals: similar but different

Secondaries Investor’s map of the largest continuation funds mirrors the evolution of the technology, from a tool for distressed GPs to a customisable model for a range of situations.

How the UK’s national security regime could affect secondaries and fund investments

The National Security and Investment regime could cause uncertainty and significant administrative burdens for investors, write legal experts from Hogan Lovells.

Will secondaries become the new primaries?

Eight of the top 20 largest firms in the PEI 300 already manage secondaries funds or are working on the strategy.

Tikehau: Strong dealflow is driving the secondaries opportunity

Olga Kosters of Tikehau Capital sheds light on how the private debt market is evolving in this sponsored Q&A with affiliate title Private Debt Investor.

BlackRock: There’s a gap in the market below larger funds’ radars

Steve Lessar, Veena Isaac and Konnin Tam speak to Secondaries Investor about how the asset management giant plans to deploy the $3bn it raised for its secondaries programme in March.

Secondaries and beating the J-curve: Just a myth

Research has found that secondaries may not be the J-curve mitigator it’s often touted to be. Does it matter?

Pomona on sticking to fundamentals in secondaries

Secondaries managers will excel if they remain focused on key market fundamentals while continuously adapting, says Pomona Capital’s Michael Granoff.

Transparency key when external buyers threaten GP-led deals

The need for transparency, always a vital aspect of executing a GP-led deal, takes on greater significance when external M&A buyers express interest in picking off choice assets.