Three years ago the thought of a $100bn secondaries market was met with a chuckle; today it looks more likely than not.
2 min read · 04 July 2019
Right of First Refusal clauses can mean buyers face hurdles on certain fund stakes when bidding on a portfolio. Sunaina Sinha, founder of Cebile Capital, talks to Secondaries Investor about how buyers use pricing allocation to ensure they acquire whole portfolios.
4 min read · 01 July 2019
Key takeaways from our podcast this week with 17Capital’s Augustin Duhamel on the state and future of preferred equity.
2 min read · 27 June 2019
Melissa Ackermann, who joined investment firm Multiplicity Partners in June, discusses the opportunities in out-of-favour real estate secondaries deals.
4 min read · 26 June 2019
The US prosecutor’s claim that Abraaj ‘boosted’ valuations to entice secondaries buyers is at odds with market logic.
2 min read · 20 June 2019
We need your help to compile the industry’s only ranking of the most impressive professionals under 35.
2 min read · 13 June 2019
The secondaries market’s transformation into a $70bn market is due to both a wave of the Fairy Godmother’s wand and the payoff for years of scrubbing floors, write Houlihan Lokey’s Jeff Hammer and Paul Sanabria.
4 min read · 12 June 2019
The release of former restructurings expert Andrew Caspersen should remind the private equity industry more scrutiny is a good thing.
2 min read · 06 June 2019
LPs not proactively managing their mature fund commitments are incurring potentially huge opportunity costs.
2 min read · 30 May 2019
Emerging market GP-led deals are rife with difficulties but Carlyle’s name and the dynamics of the secondaries market suggest a deal can be done on its Africa fund.
3 min read · 24 May 2019
