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HarbourVest: Scale is required to take the lead on secondaries’ growing deals

‘I can hand on heart say there has never been a deeper, more robust pipeline than the one that we have right now,’ HarbourVest’s Jeff Keay told Secondaries Investor on the back of its $15.1bn flagship raise.

Goldman’s Hope: there is a huge illiquidity quotient in private real estate

On the back of the firm’s $3.4bn raise for its latest real estate secondaries fund, Harold Hope, global head of Goldman Sachs’s Vintage group, says a major repricing of assets is presenting more attractive entry points for buyers.

South Africa’s Sango on the ‘growing need’ for African secondaries

From partial exits to continuation funds, more African GPs are turning to secondaries transactions to deliver liquidity back to LPs.

Manulife: Search for alpha in secondaries market sparks LP interest

Manulife Investment Management’s GP-led secondaries programme will seek out concentrated deals from the large-cap space through to the lower mid-market.

ICG: From deal-by-deal approach to oversubscribed debut LP-led fund

ICG LP Secondaries Fund I has completed seven transactions and is already around 50% committed.

Mike Catts, partner at Hollyport Capital, on the legacy opportunity in secondaries

Hollyport closed its eighth flagship fund, along with its first-ever co-investment vehicle, at the end of 2022 on more than $2.2bn.

Banner Ridge’s Cusano: fundraise was less about strategy and more about results

Banner Ridge reached a $2.15bn final close for its latest flagship fund this year, smashing its $1.4bn target.

Cambridge Associates’ Andrea Auerbach: Rate cuts in 2024 may break the transaction logjam and spur activity

‘Much like covid variants, 2023’s challenges will evolve and expand as we head into 2024, and some might even abate.’

Blackstone’s Verdun Perry: Disruption can lead to programmatic sales

Market disruptions can motivate large investors to evaluate how they generate liquidity, oftentimes leading to repeat sales, according to Strategic Partners’ global head.

Mill Reef’s Taverna: You can still generate alpha in this part of the market

Nico Taverna, founding partner at the GP-led focused firm, talks to Secondaries Investor about how it will invest its €350m second fund.