The vehicle will focus on preferred equity, NAV-based lending and have a pocket to make secondaries investments with sub-private-equity return profiles.
2 min read · 08 December 2021
The GP with $9.3bn in private equity assets under management is looking at ways to hold on to ‘champions’ for longer, according to CEO Alex Saigh.
2 min read · 30 November 2021
A stake in CD&R’s 2018-vintage fund sold for 124% of NAV, according to a survey of 52 transactions by Palico, with average pricing of 98.5%.
2 min read · 22 November 2021
The secondaries pioneer’s Beijing office opened in March and is led by Hong Kong-based partner and head of Asia Peter Kim.
2 min read · 17 November 2021
The above-target close is the culmination of a multi-year rebuilding process at the German asset management giant.
2 min read · 10 November 2021
The secondaries giant was expecting a first close on its LCP X flagship in the third quarter of this year, documents seen by Secondaries Investor show.
2 min read · 09 November 2021
The private investment arm of the EU has collected €100m for secondaries and is set to sell a portfolio of stakes next year.
1 min read · 04 November 2021
The deal marks the second time in four months a large global investor has taken outside capital to free up its balance sheet.
3 min read · 03 November 2021
Adding secondaries capabilities to the private equity giant’s suite of offerings is not a ‘have-to-do’, according to co-chief executive Scott Nuttall.
2 min read · 02 November 2021
The financial services holding company, which has $1.5trn in AUM, is paying $1.75bn for one of the largest remaining independent secondaries firms.
2 min read · 01 November 2021
