Secondaries market leverage use is facing its first real test. Whether it passes will have implications for the future health and reputation of the industry.
2 min read · 07 May 2020
The sovereign wealth fund giant had received interest from firms including Ardian over the sale of a portfolio potentially worth more than $2bn.
2 min read · 05 May 2020
Dan Nolan of Duff & Phelps discusses how technology adopted from hedge funds can be used to contain the damage of the crisis.
4 min read · 04 May 2020
The world’s largest asset manager also eyes an opportunity to buy highly coveted, rarely traded fund stakes, according to secondaries co-head Steve Lessar.
2 min read · 22 April 2020
The growth of the secondaries market has halted, though certain segments remain open to LPs and GPs, according to Andrew Gulotta of Sixpoint Partners and DLA Piper’s Adam Tope.
4 min read · 21 April 2020
One in 10 general partners plan to seek secondaries processes due to the covid-19 pandemic, a survey by sister publication PEI has found.
2 min read · 15 April 2020
The deal is understood to have included stakes in funds managed by CVC Capital Partners, Blackstone and Apollo Global Management.
3 min read · 13 April 2020
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
Buyers’ own rates of deployment will decrease by nearly 30% over the next two months, according to Setter Capital.
2 min read · 30 March 2020
Sponsors considering running secondaries processes on their funds should be aware of potential pitfalls that can hit carried interest and scupper deals.
3 min read · 25 March 2020
