Early liquidity is becoming a common part of the venture capital landscape, says Benjamin Black, co-founder of direct secondaries firm Akkadian Ventures.
2 min read · 01 December 2014
Direct secondaries are set to rise in Asia, where there are guaranteed exit options and more than 6 percent growth says Lucian Wu, the newly-appointed managing director in Auda’s Hong Kong office.
3 min read · 24 November 2014
Details that emerged this week around Montana’s recent secondaries sales make clear why other US public pensions are increasingly following suit.
2 min read · 21 November 2014
Few firms invest in biotech and life sciences secondaries because it can be difficult to evaluate the portfolios, says Johannes Rabini, managing director of Berlin-based Sobera Capital.
2 min read · 17 November 2014
Reaching the €100m hard-cap for this year’s annual offering took just three months.
3 min read · 14 November 2014
The use of leverage in the secondaries market has helped drive pricing and deal volume, but not all investors use the same type of leverage, explains Sunaina Sinha, founder of Cebile Capital.
4 min read · 12 November 2014
The city’s police and fire pension has lagged on deploying its private equity secondaries allocation.
1 min read · 07 November 2014
LPs aren’t selling their stakes in African private equity funds because of risks like Ebola in West Africa, says EY’s Graham Stokoe.
1 min read · 03 November 2014
Landmark estimates $64bn of dry powder for secondaries – not that much in the scheme of things, but a great deal more might not be healthy either.
2 min read · 24 October 2014
Acquisitions of listed funds of funds can present excellent opportunities for sophisticated buyers willing to navigate a public acquisition, explain Katherine Ashton and David Schwartz, of Debevoise & Plimpton.
4 min read · 23 October 2014
