Secondary pricing for buyout funds as a percentage of NAV fell from 97% for full-year 2021 to 88% in the first half, according to Greenhill.
2 min read · 29 August 2022
Secondaries Investor caught up with Adrian Millan from PJT Partners to discuss a market that’s becoming increasingly relevant to liquidity-squeezed LPs.
3 min read · 24 August 2022
A combination of record deployment by PE managers and slower exit activity is creating a need for liquidity among LPs, according to Lazard.
3 min read · 23 August 2022
The listed vehicle made 15 commitments to secondaries investments in the 12 months to 31 May totalling the equivalent of $130.8m, according to its 2022 annual report.
2 min read · 22 August 2022
Stephen Whatmore, head of global private capital at the $69bn Australian investor, discloses how it decides whether to roll or sell in GP-led processes.
3 min read · 11 May 2022
The invasion of Ukraine has driven up the price of energy stakes, creating an opportunity for LPs to sell without having to accept a big discount.
2 min read · 05 May 2022
MetLife Investment Management has closed a $1.6bn fund seeded by a portfolio acquired off its own general account, part of a trend of insurers looking to become asset managers.
2 min read · 12 April 2022
ILPA’s upcoming guidance has been spurred by investors’ annoyance at unreasonable deadlines and the amount of work needed to make decisions on these deals. The secondaries community should take note.
3 min read · 03 March 2022
LPs remain keen to allocate to PE even though the perceived risk to returns has risen materially, according to a survey by the secondaries firm.
1 min read · 14 June 2021
GIC is the world’s second-biggest private equity investor with at least $43bn committed to private equity, secondaries, private credit and distressed debt.
1 min read · 03 June 2021
