The Wind Point deal marks the first wave of continuation fund deals on continuation funds. Sponsors must have a doubly compelling case the second time around.
2 min read · 01 July 2021
The rise of GP-led deals has highlighted the importance of liability protection, bringing warranty & indemnity insurance into the secondary market, say insurance broker Lockton and law firm Akin Gump.
4 min read · 25 November 2020
Mathieu Dréan of advisory firm Triago spoke to Secondaries Investor about the deals that are getting done in H1 and what is motivating buyers and sellers.
4 min read · 29 July 2020
The best way to determine if net asset values reflect reality is to perform a fundamental valuation of each of the individual assets in GP-led process, writes Duff & Phelps’s David Lee.
4 min read · 14 January 2020
Northleaf Capital Partners ranked 21st in the latest SI 30, having raised $2.38bn between January 2014 and June 2019. We caught up with managing director Michael Flood to discuss the firm’s recent $1bn raise and competition in the mid-market.
4 min read · 14 October 2019
AlpInvest Partners’ Wouter Moerel and Chris Perriello, managing directors and co-heads of the firm’s secondaries investment team, discuss growth in the secondaries market, why they don’t use leverage and what a worst-case scenario could look like.
6 min read · 12 September 2019
First-half figures suggest another record-breaking year for secondaries deal volume, despite softer pricing and lower LP take-up in GP-led deals.
2 min read · 01 August 2019
Partner Martha Heitmann discusses ESG-driven secondaries sales and what to do if a portfolio sets off alarms.
4 min read · 10 July 2019
On the heels of ILPA’s recent best practices on GP-led secondaries, BRG’s Finbarr O’Connor and Gavin Farrell take a practical look at issues important to LPs, and how GPs can address the guidance as they formulate transactions.
7 min read · 18 April 2019