Buyers will value a ‘safe pair of hands’ over pure return potential until the market stabilises further, according to Elm Capital.
2 min read · 28 September 2020
IDG Capital, which has $20bn in assets, is understood to have run a novel yuan-to-dollar secondaries process advised by Lazard.
2 min read · 25 September 2020
The deal involving Medicxi was based around six assets and completed at a premium to NAV, co-founder Francesco De Rubertis told Secondaries Investor.
2 min read · 23 September 2020
Managing director Jeff Pentland says the firm wants to start thinking about succession planning now rather than in a decade.
3 min read · 23 September 2020
The proportion of respondents who are ‘not concerned’ about liquidity was 81% across the summer, compared with 46% in the spring, according to a survey by the advisory firm.
1 min read · 22 September 2020
The US pension had set up a partnership with Pathway Capital Management last year to sell fund stakes.
2 min read · 17 September 2020
The $60bn US pension backed the Revelstoke and Accel-KKR GP-led deals last year and expects to invest in more before the year is out.
2 min read · 16 September 2020
The average high bid for buyout funds surpassed 90% of NAV in the three months to end-August, according to data from the intermediary.
2 min read · 14 September 2020
The SharesPost100 fund, designed to democratise access to VC, is managed by ex-HQ Capital secondaries co-head Christian Munafo.
2 min read · 14 September 2020
