The spin-out of 55 people, 35 companies across three continents and the need to juggle the interests of several LPs that happen to be secondaries firms: the deal shows just how far things have come.
6 min read · 03 April 2019
San Francisco-based Melting Point Solutions seeks to maximise pricing for sellers by seeking bids for single items as well as whole portfolios. Raphael Haas, the firm’s chief executive, talks to Secondaries Investor about why multi-buyer sales can deliver better pricing for sellers and why non-dedicated buyers can provide outlier pricing.
4 min read · 27 March 2019
While GP-led processes can be technically and legally complex, emotions are often the biggest hurdle to closing a deal.
3 min read · 21 March 2019
Jon Costello, head of the Secondary Advisory Group at PJT Partners, explains the impact on the broader private equity industry.
6 min read · 21 March 2019
GP-led deals are on the rise. How does this growth compare with historical levels, and what do these liquidity solutions look like from a secondaries investor’s standpoint? Landmark Partners’ Jamie Sunday and Ian Charles explain.
5 min read · 19 March 2019
Large North American public pension plans may be fuelling one part of the secondaries market, while pouring cold water on another.
2 min read · 14 March 2019
A GP-led deal in the music royalties space shows how adventurous secondaries investors are getting and how readily existing deal types can be applied to new asset classes.
2 min read · 07 March 2019
The desire of private equity firms to hold assets for longer is creating misalignment with their LPs – and conditions for the secondaries market to thrive.
3 min read · 28 February 2019
News has emerged of an energy GP-led deal that could be worth $5bn; such deals are full of pitfalls.
3 min read · 14 February 2019
Why build an in-house secondaries team when you can buy one? Storebrand Asset Management talks to Secondaries Investor about its acquisition of Cubera Private Equity this week.
3 min read · 14 February 2019