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Why Japan’s $74bn university endowment is leaning into secondaries

The fund has increased its secondaries budget to capture opportunities arising from market uncertainty, says private equity head Yasuyuki Tomita.

Coller Capital’s Schad: Large-scale adoption of credit CVs is on the horizon

The firm recently closed its latest credit secondaries programme on $6.8bn, including its credit evergreen offering for US investors.

Piper Sandler’s Andy Nick: three out of 10 GP portcos could go into a CV

The firm is looking to double the size of its ‘small but mighty’ secondaries team in the next 18 months.

Neuberger Berman’s Ben Perl: Diversified deployment key to latest GP-led fund

The firm’s second GP-led fund, which closed on $4bn earlier this month, is over four times the size of its predecessor.

Antares’ Kosters: ‘The direction of travel is clear’ for credit secondaries

After several $1bn-plus GP-led credit deals were closed last year, Antares Capital’s head of credit secondaries Olga Kosters expects several more to close in 2025 as GP interest grows.

Stafford: Latest timberland fund shows area is becoming less niche

Stafford plans to allocate 80% of its latest $1bn+ timberland fund to secondaries, chief executive Angus Whiteley told Secondaries Investor.

Munich Re on the co-invest dealflow ratio fallacy

MEAG MUNICH ERGO, the asset management arm of European insurer, would rather see one good co-investment opportunity than be shown multiple bad ones, says head of PE and co-investments Gregory Schmitt.

What makes a good candidate for a single-asset continuation fund?

Rob Campbell, head of North America at ICG’s Strategic Equity unit, outlines elements for a successful CV when just one asset is involved and why such deals differ from co-investments.

Bego: GP-led continuation vehicles still in demand, even as M&A picks up

There’s a growing set of more than 28,000 buyout companies with diminished IPO and M&A exit avenues, according to Kline Hill Partners’ Mike Bego.

StepStone: Bigger fund won’t change the firm’s focus

The firm is fresh off raising its largest fund ever, StepStone Secondary Opportunities Fund V, which totalled $7.4bn across its entire programme.