News & Analysis

LGT Capital Partners’ latest vehicle launched in 2022 and had collected $4.38bn as of January.

There is a ‘huge supply/demand imbalance, particularly for larger sized transactions’ which is leading to the firm doing this, according to the firm’s chief investment officer and CEO.

Connecticut Retirement Plans and Trust Funds wants to further capture attractive sponsor initiated investment opportunities in addition to the ones it sees via its managers.

The CV process places Advent among a group of PE powerhouses that are exploring similar processes for their software companies.

According to mid-year advisory reports, the secondaries market is looking at a potentially record-breaking finish to 2024.

LPs are exploring the use of advanced technologies such as AI to enhance workflows and aid investment decisions, but the human element remains key.

The $257bn pension has been seeking alternatives to secondaries sales to avoid taking large discounts in such transactions.

Serenitas co-founder GIC exited its stake in the land lease community operator to Mirvac and Pacific Equity Partners last year for A$1.01bn.

The niche secondaries firm opted to stick to a tight timeline given difficult fundraising conditions in order to focus on deployment, according to partner Stephane Chevrier.

Agency publishes criteria for NAVs backed by LP secondaries interests, with plans to rate other NAV types down the road.