Lazard expects deal volume this year to approach or exceed 2021 levels as LPs and sponsors seek innovative liquidity options in the secondaries market.
2 min read · 12 February 2024
Strengthening pricing drove activity, helped by stabilising interest rates and an overall improvement in economic outlook.
3 min read · 24 January 2024
LP-led deals drove the bulk of volume last year and accounted for 55% of total trading, according to data from the investment bank shared exclusively with Secondaries Investor.
3 min read · 17 January 2024
The acquisition lays the foundation for a one-stop shop for clients of both organisations, according to Andy Lund and Matt Swain.
3 min read · 11 January 2024
The investment bank’s secondaries business has joined forces with Capstone under a new unit of the Japanese bank.
2 min read · 10 January 2024
Advisories with secondaries capabilities are proving particularly attractive in the race to offer clients a one-stop-shop.
2 min read · 04 January 2024
Continuation vehicles made up around 9% of total PE distributions in 2023 amid sluggish M&A and IPO markets, according to data from Baird.
2 min read · 03 January 2024
Wider discounts in the LP portfolio market drew buyers to fund stake transactions over sponsor-initiated deals in H1, according to Holcombe Green, global head of private capital advisory at Lazard.
2 min read · 19 December 2023
Devon Park, founded by secondaries veteran Jonathan Costello, closed on four GP-led transactions worth a combined $2bn last year.
2 min read · 20 November 2023
