Despite the largest ever secondaries fund raised last year, total capital closed slipped to two-thirds of that raised in 2014.
1 min read · 18 January 2016
Excluding carry, the fees and costs CalPERS paid to secondaries funds represents about 1.5% of total fees paid to private equity firms during the year.
1 min read · 11 January 2016
Partners Group and Landmark dominate the list, accounting for almost $6bn in capital raised in the last 5 years.
2 min read · 21 December 2015
Secondaries fundraising saw the third biggest year-on-year growth in 2014, beating buyout and real estate, according to a Bain & Company report.
2 min read · 14 December 2015
Less than a quarter of them have either sold or purchased fund interests on the secondaries market, according to a survey by PEI’s Research and Analytics division and Montana Capital Partners.
1 min read · 07 December 2015
The average pricing for secondaries transactions fell but some strategies, including tail-end funds, fared better.
1 min read · 30 November 2015
The average net IRR for secondaries funds in the second quarter was up but long-term returns are little changed.
1 min read · 23 November 2015
Stakes in mature funds managed by top quality GPs delivered greater returns than younger vintages, according to a study by PERACS.
2 min read · 16 November 2015
Growing competition for underlying assets are the biggest challenge for primary GPs but will create future opportunities for secondaries, according to Investec’s GP Trends 2015 report.
2 min read · 09 November 2015
Restructurings are supposed to be a win for all parties involved, but most LPs believe they better serve GPs’ interests, a new Palico survey finds.
1 min read · 02 November 2015
