Adviser

Private equity needs to become a liquid asset class and here’s why

LPs not proactively managing their mature fund commitments are incurring potentially huge opportunity costs.

Park Hill director departs – exclusive

Christopher Hope, who joined from Blackstone, has left the firm after nine years, Secondaries Investor has learned.

Mercury Capital acquired by Investcorp

Four Investcorp representatives will join the placement agent and secondaries advisor’s board of directors as part of the deal.

Secondaries market sees rapid change

The market is evolving rapidly, becoming deeper, more granular and more complex. Six roundtable participants tell us what form it is taking.

Campbell Lutyens’ secondary market overview: 4 takeaways

GP-led strip sales, a steep reduction in the use of deferrals and a big swing in market sentiment were among the defining characteristics of 2018, according to a report by the secondaries advisor.

Greenhill retains top spot in crowded advisory field

Single-asset deals, preferred equity and asset-class diversity were among the themes to emerge in Secondaries Investor’s annual advisory survey.

ILPA arms LPs with ‘best practices’ on GP-led fund restructurings

The Institutional Limited Partners Association’s guidance defines status quo options, minimum timeframes for LP decisions and recommends caps on deal expenses.

MJ Hudson ex-secondaries head resurfaces at Dentons

The departure of MJ Hudson’s former private funds head Ted Craig was revealed last week by Secondaries Investor.

How multi-buyer sales processes can provide higher pricing for sellers

San Francisco-based Melting Point Solutions seeks to maximise pricing for sellers by seeking bids for single items as well as whole portfolios. Raphael Haas, the firm’s chief executive, talks to Secondaries Investor about why multi-buyer sales can deliver better pricing for sellers and why non-dedicated buyers can provide outlier pricing.