Assets slated for a secondaries deal periodically get snapped up by outside buyers before the deals can close, a risk that increases the longer such deals linger in the market without closing.
4 min read · 19 April 2021
Activity is driven by secondaries and funds of funds aiming to lock in returns and liquidate old vehicles, according to managing partner Etienne Deshorme.
2 min read · 13 April 2021
The secondaries firm has gained exposure to a portfolio of around 20 high-growth businesses in the fintech and insurtech sectors.
2 min read · 07 April 2021
The buyout shop is making a €300m investment from its latest fund in the process, which values Springer Nature at about $7bn.
2 min read · 06 April 2021
Ares’ roster of sponsor and LP relationships will enable Landmark to enter the credit secondaries market, do deals in Asia and raise larger funds.
3 min read · 01 April 2021
The $197bn private credit and private equity giant follows TPG and Brookfield in looking to gain exposure to the rapidly growing secondaries market.
2 min read · 31 March 2021
The process is one of the largest in the market, rivalling that of New Mountain Capital, which is moving five assets out of its 2007 fund in what could be a $2bn or more transaction.
2 min read · 31 March 2021
LP portfolio sales fell to account for around half of total deal volume last year as GP-led processes surged.
2 min read · 29 March 2021
Compass Partners built its position in Rodenstock via two direct secondaries transactions funded by secondaries buyers.
2 min read · 29 March 2021
