The firm’s best performing secondaries vehicle by investment return is its 2000-vintage Lexington Capital Partners IV, documents from a US pension show.
2 min read · 21 March 2017
Buyers paid more than 90% of NAV for fund stakes in the strategy as a hedge against possible market falls, according to Setter Capital.
2 min read · 13 March 2017
Fewer buyers sought IRRs of above 15% last year compared with a year earlier, a survey by advisory firm Cebile Capital has found.
2 min read · 01 March 2017
Data from the Institutional Limited Partners Association shows secondaries was the worst performing strategy on a quarterly basis in the third quarter of 2016.
2 min read · 20 February 2017
Reports from Evercore and Partners Group herald a growing imbalance this year.
1 min read · 06 February 2017
‘PE directs’ were underwritten at higher target multiples than purchases of stakes in any type of strategy last year, according to Setter Capital.
2 min read · 30 January 2017
Secondaries funds have almost quadrupled in average size since 2008, PEI data show.
2 min read · 24 January 2017
Dedicated private equity secondaries vehicles are seeking $10bn less in total than they were this time last year, according to PEI data.
1 min read · 16 January 2017
Average top bids for stakes in infrastructure funds have surged 33% since 2011, according to advisory firm Setter Capital.
1 min read · 09 January 2017
More than half of investors looking to deploy $500m or more access the secondaries market by purchasing stakes, the most popular method, according to a survey by Probitas.
2 min read · 13 December 2016
