In the wake of multiple key departures from the market’s biggest advisor, the future of the multi-billion LP portfolio market is up for grabs.
3 min read · 19 November 2020
The secondaries market is more seller-friendly than ever, allowing sponsors to push terms that surprise even seasoned pros. This is unlikely to last.
2 min read · 12 November 2020
Investors cannot afford to ignore a GP set that has largely outperformed industry benchmarks, even during a pandemic.
2 min read · 11 November 2020
Top executives from Campbell Lutyens, Evercore, Lazard and PJT Partners shared their views for Kirkland & Ellis’s liquidity masterclass this week.
3 min read · 05 November 2020
Bpifrance’s innovative strip sale is the latest example of how secondaries technology can be used to help open up private equity to the public.
3 min read · 29 October 2020
Clarity on withholding tax issues for non-US investors means secondaries trades can now be conducted with greater ease, write Macfarlanes’ James McCredie and Florence Barnes.
4 min read · 27 October 2020
Negative headlines are causing some LPs to review their relationships with Vista Equity Partners and Apollo Global Management. This has implications for the secondaries market.
3 min read · 22 October 2020
Elliot Weston, head of UK Tax and partner at Hogan Lovells, lays out the effects on buyers and sellers of LP fund stakes and what to expect from the proposed changes to stamp duty.
5 min read · 21 October 2020
It feels like there is a sea-change in the secondaries advisory market. We ain’t seen nothing yet.
3 min read · 15 October 2020
Canada Pension Plan Investment Board’s recent transaction shows that even at a time of considerable economic uncertainty, big, diversified portfolios can sell – and at a good price.
2 min read · 08 October 2020
