Managers

The firm’s current fund, Strategic Equity Fund V, raised $11bn last year and is the biggest dedicated fund for backing continuation vehicles.

The firm will lower fees during funds’ investment periods and then increase them after the period, according to head of strategy Michael McCabe.

The world may be reeling from geopolitical shock after geopolitical shock, but this uncertainty is only fuelling record-breaking secondaries activity.

The pair expect to expand into real asset secondaries and build out an insurance offering as the secondaries firm plans its next flagship and credit raise.

New Mountain Atlas is more than just the secondaries hires it has made, with the unit seeking to lead and co-lead GP-led buyout deals with the help of its sector teams, co-head Neal Costello tells Secondaries Investor.

AltamarCAM’s secondaries capabilities were particularly attractive at a time of heightened interest in liquidity, Mercer’s Michael Dempsey tells affiliate title PEI in a Q&A alongside Jose Luis Molina.

Overbay will retain control and independence of all investment activities following the investment.

The firm is joining a growing number of PE entrants expanding into the secondaries market, Secondaries Investor understands.

Both Bridgepoint, owner of PEI Group, and Bridgepoint Newbury expect to launch the next flagship secondaries fund in 2026, Pete Labbat and Chris Jaroch tell Secondaries Investor.

In the first episode of PEI Group’s new podcast series Commitment Issues, Yangge Seaman of Children’s Health and Steven Batchelor of Hg discuss how both sides are seeking greater liquidity from their portfolios