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
Public pensions drove the LP-led market in H1, as allocation pressures led them to sell despite worsening price dislocation, Campbell Lutyens found.
2 min read · 18 August 2022
Many public institutions in the US are exploring portfolio sales thanks to a confluence of factors that has left them at, or above, their private equity allocations.
4 min read · 06 July 2022
LPs are beset with a glut of requests for re-ups from their existing managers, in many cases at a much quicker pace than ever before.
3 min read · 13 June 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
Secondaries pricing has become uncertain, with inflation, supply chain disruptions, geopolitical turmoil and rising interest rates causing public market volatility since the beginning of the year.
3 min read · 21 April 2022
The presence of a US public pension system as a lead investor is a reflection of the growing sophistication and desire on the part of some big US public plans to take more direct roles in investment management.
4 min read · 04 April 2022
The move is significant for the Canadian pension giant, which until now had been unable to back such deals via its secondaries unit.
2 min read · 16 March 2022
At least one LP reports intention to divest from NCH Capital’s Russia and Ukraine-focused agribusiness investments as quickly as possible.
3 min read · 15 March 2022