News & Analysis

The Paris-headquartered firm raised €200m for its debut secondaries fund last year.

Details for Patria Secondaries Opportunities Fund V show the vehicle is planning at least two closes this year.

One-third of respondents to Secondaries Investor‘s latest survey of intermediaries say they worked with another adviser on a transaction during the reporting period.

NewView was spun out of Silicon Valley venture giant NEA in 2018 through a $1.35bn secondaries deal backed by Goldman Sachs and Hamilton Lane.

Pricing for high-quality inflection assets with material upside has tightened to the low- to mid-90s, according to chief executive David Layton.

More transactions are using a delayed payment structure in a bid to bridge mismatches in pricing expectations.

New and existing VC secondaries players have raised billions in fresh capital as liquidity needs show no signs of slowing.

The firm is seeking $500m for a dedicated GP-led vehicle which has the potential to deliver enhanced returns.

Secondaries Investor reported in May that CVC Secondary Partners and Pantheon were leading the transaction around TIC asset Normec.

Processes involving oil and gas assets have seen 2x oversubscribed interest with cashflow yields between 20-30%.