The large minority transaction is a rare example of a GP stakes purchase via a non-dedicated fund.
2 min read · 27 July 2023
If it reaches its target, Clipway Secondary Fund would be one of the largest debut funds from a spin-out or newly established firm.
2 min read · 18 July 2023
Abbott Secondaries Opportunities Fund III is slated for a first close next month, documents from a US public pension show.
2 min read · 25 May 2023
GP-leds are of particular interest to the mainstream secondaries players, Tom Jorgensen, a managing director at North Sky Capital, said in a video interview at the Impact Investor Global Summit.
2 min read · 25 May 2023
Details of the firm’s Dover Street XI fund and HarbourVest’s Secondary Overflow Fund V were included in board documents for a US public pension plan this month.
2 min read · 10 May 2023
Asia and Australasia secondaries accounted for around 4-5% of both LP-led and GP-led deal volume last year.
2 min read · 06 April 2023
The firm is seeking 25-50% more for its latest offering compared with its debut vehicle, Secondaries Investor has learned.
1 min read · 23 March 2023
Michael Arougheti, Ares’ chief executive and president, has previously said the secondaries industry is at an ‘inflection point’.
2 min read · 22 March 2023
The team behind the market’s biggest dedicated GP-led fund has a reputation for being clear, efficient and an intermediary’s dream via its ‘sole buyer’ strategy.
9 min read · 02 March 2023
