The lawyer hired to defend NYPPEX CEO Laurence Allen plans to try to get the New York state attorney-general’s plea for an injunction and a receiver for relevant assets thrown out.
3 min read · 09 December 2019
The New York attorney-general has filed a lawsuit against Allen, who runs a secondaries fund and a secondaries intermediary business, for allegedly misappropriating more than $13m.
2 min read · 05 December 2019
The first in our look at firms challenging the status quo is Rivver – a firm that believes it can further narrow the illiquidity discount borne by private funds investors.
3 min read · 26 November 2019
The investment bank’s private fund group is adding resources to its secondaries advisory team after winning several mandates, Secondaries Investor has learned.
2 min read · 12 November 2019
The two firms, which accounted for nearly $22bn of transactions last year, have made several promotions and hires.
1 min read · 07 November 2019
Four industry veterans – from PJT, Evercore, Lazard and Campbell Lutyens – made predictions at Kirkland & Ellis’s secondaries forum this week.
2 min read · 07 November 2019
Secondaries funds raised over the last five years used 19% of committed capital for repeat purchases, according to the advisor and placement agent.
2 min read · 29 October 2019
Applying truly innovative technology to GP-led processes could open up billions in unrealised NAV to secondaries buyers.
3 min read · 03 October 2019
The appointment follows that of Lazard director Johanna Lottmann, who is set to join the firm in London in the coming months.
1 min read · 27 September 2019
