Toronto-based secondaries advisor Setter Capital puts secondary transaction volume at more than double the previously reported figure – and predicts that 2013 will be a record-breaking year.
2 min read · 16 September 2013
Snapping up secondaries is not as straight-forward as it was in 2011 and 2012.
5 min read · 01 September 2013
The real estate secondaries market is getting increasingly liquid – thanks largely to the emergence of some non-traditional buyers.
3 min read · 01 September 2013
The bankrupt city’s $2bn General Retirement System will interview Landmark and Lexington as it searches for a manager to run a $15m allocation to private equity secondaries.
2 min read · 15 August 2013
Growing pressure to restructure poorly-performing portfolios dating from the boom years has resulted in direct secondaries doubling their share of the market since last year, according to Triago.
2 min read · 30 July 2013
The bankrupt bank continues to have an active pool of limited partner interests in private equity funds, which contributed to $1.2bn in distributions last year.
2 min read · 29 July 2013
The revelation that an LP commitment to Accel Partners’ 2009 fund makes the church an indirect investor in Wonga, a payday loan provider it has publicly criticised, has prompted the church to review its entire portfolio.
2 min read · 26 July 2013
The $75.64 billion pension system disclosed the names of all 25 fund interests in its massive real estate secondaries offering yesterday. It also committed $185 million to Prologis’ second open-ended core fund focused on Europe.
4 min read · 12 July 2013
Non-traditional buyer steps in to buy a limited partner position in Nordic Real Estate Partners’ logistics fund from Swedish pension fund SPP.
2 min read · 18 June 2013
The $75.6bn pension plan has agreed to sell a nearly $1bn portfolio of real estate fund interests to a new entrant to the secondary market.
2 min read · 12 June 2013