Preferred equity has become one of the options for GPs who need additional capital for existing portfolio companies.
2 min read · 08 June 2020
Brunel Pension Partnership has set up a £150m customised account with StepStone to make primary, secondaries and co-investments.
2 min read · 28 May 2020
Backers of the the $829m restructuring include Coller Capital, Neuberger Berman and Hellman & Friedman.
2 min read · 28 May 2020
The pension made around $500m of secondaries investments in the 12 months to end-March, down almost 90% on the previous fiscal year.
2 min read · 27 May 2020
Institutions hurt by ‘chronic corporate earnings disruption’, such as university endowments, could come under pressure to sell on the secondaries market.
2 min read · 21 May 2020
Valuations and pricing have become closely linked as buyers put less emphasis on future upside when evaluating assets, according to Elm Capital.
2 min read · 14 May 2020
A snapshot of law firms’ secondaries work last year by volume, deal count, strategy and more in our latest annual report.
6 min read · 13 May 2020
Listings on PrivateMarket.io have risen 37% as GPs look to partially exit their portfolio companies at a time when liquidity is scarce, founder Loïc Engelhard told Secondaries Investor.
2 min read · 13 May 2020
Israel’s Qumra Capital sold the assets out of its $100m debut fund, which the firm raised in 2013.
2 min read · 12 May 2020
In part two of our mini-series on the impact of debt on secondaries deals during the coronavirus crisis, we examine how the steep decline of NAVs can have powerful implications for the future of the SPV leverage market.
4 min read · 12 May 2020