Ahead of the release of affiliate title Private Equity International’s exclusive ranking of the biggest secondaries capital-raisers over the last five years, Secondaries Investor delves into the funds’ performance.
3 min read · 17 August 2023
The adviser has so far hired a team of four from Credit Suisse as it outlines changes to its newly branded private capital advisory unit.
2 min read · 16 August 2023
Sixty percent of mega-buyers transacted on assets that generated a gross MOIC return of 3-4x, according to PJT Park Hill’s half-year report.
2 min read · 16 August 2023
The $173bn institution is offloading PE stakes via secondaries as it looks to deploy more capital into directs, global PE head Jim Pittman says.
4 min read · 16 August 2023
The market for GP-led deals like single asset continuation funds continues to remain muted amid a gap between buyer and seller expectations.
2 min read · 16 August 2023
The asset was ‘a particularly strong fit to pursue a continuation vehicle’, managing partner Ron Kuehl tells Secondaries Investor.
2 min read · 15 August 2023
The fundraise comes as the same time as the firm has taken the lead on a healthcare-focused single-asset continuation fund transaction.
2 min read · 15 August 2023
The process is an example of the kind of challenges faced by secondaries participants, with pricing discrepancies continuing to prevent sales from making it to final close.
2 min read · 14 August 2023
The fund’s strategy will take advantage of the current market setup, Irving Investors portfolio manager Jacob Sonnenberg said.
3 min read · 10 August 2023
GP-led transactions comprised 39% of secondaries transaction volume in the first half, according to Greenhill’s H1 2023 secondary market review.
2 min read · 09 August 2023
