Investors

Hunger for secondaries capital strong post-Ardian, Lexington closes

The 10 largest secondaries funds in market are targeting a combined $50.05bn, roughly equivalent to the record amount raised in H1 2020.

Seedrs banks on secondaries and private wealth to fuel growth

Crowdfunding platform Seedrs is aiming to attract institutional private wealth.

LGT: Bad ESG should not necessarily rule out investment

Secondaries buyers should look for a chance to engage with GPs on ESG before deciding not to invest, says LGT Capital Partners’ ESG committee chairman.

Real estate secondaries in the time of covid-19: Down but not out

High amounts of dry powder, new entrants such as Brookfield Asset Management and a pressing need to extend fund lives could result in the real estate market bouncing back this year.

Pantheon holds final close on its biggest PE secondaries programme

The close of Pantheon Global Secondary Fund VI and related SMAs pushes secondaries fundraising for this year to an all-time high.

CalPERS begins search for next CIO as incumbent Meng resigns

The US’s largest public pension has been exploring ways to reach its target private equity exposure, including via secondaries investments.

Pantheon backs Idinvest venture GP-led

The deal gave liquidity to 40,000 retail investors who averaged a 3x return on invest, Secondaries Investor has learned.

Secondaries, distressed debt have uptick in LP interest – survey

The strategies were the only two that investors showed increased interest in, according to a report by Probitas Partners.

Which secondaries professionals made PEI’s Future 40 list?

APG, Ardian, Strategic Partners and 17Capital are among the firms represented on sister publication PEI’s list of the most impressive figures under 40.

LP defaults are ‘already happening’ in private equity

Two European LPs have already defaulted on capital calls, and more are rumoured, creating a potential pool of early secondaries opportunities.