An overhang of LPs wanting to sell stakes in funds could delay transfers in order to conform with publicly traded partnership rules.
2 min read · 06 April 2020
Two European LPs have already defaulted on capital calls, and more are rumoured, creating a potential pool of early secondaries opportunities.
6 min read · 01 April 2020
The retailer at the centre of one of last year’s largest single-asset deals is preparing for a ‘very tough’ Q2.
2 min read · 23 March 2020
Limited partners who have piled into the asset class in recent years could be left severely overweighted in private equity unless public markets see a significant recovery.
4 min read · 23 March 2020
David Larsen, a managing director at Duff & Phelps, says investors should seek guidance from their GPs as to likely discounts.
2 min read · 18 March 2020
Higher fees and difficulty in agreeing on side letters with secondaries funds were among the reasons given.
2 min read · 10 March 2020
The vehicle will be the firm’s second flagship after becoming an independent entity in 2017.
1 min read · 06 March 2020
Trustees of the £250bn Nationwide Building Society’s pension turned down the chance to invest in a secondaries fund because they saw it as an unnecessary ‘intermediary’.
2 min read · 27 February 2020
Details of Abbott Secondary Opportunities II’s hurdle rate and carried interest were revealed in US pension documents.
2 min read · 18 February 2020
