GP-led deals, which once dominated volume, have taken a back seat to LP portfolio sales, which represented the majority of transactions in the first half of the year.
2 min read · 31 July 2023
Secondaries Investor reported in February that Glendower Capital Secondary Opportunities Fund V was expected to close over the summer.
2 min read · 31 July 2023
The large minority transaction is a rare example of a GP stakes purchase via a non-dedicated fund.
2 min read · 27 July 2023
The total amount raised between January and June eclipses all of 2019 when just $36.9bn was collected in final closes.
2 min read · 26 July 2023
The advisory firm and placement agent now has more than 60 secondaries-focused professionals globally.
1 min read · 25 July 2023
The process is part of a surge of LP portfolios that have hit the market this year as institutions look for ways to generate liquidity and rebalance their exposure to the asset class.
3 min read · 24 July 2023
Pantheon Global Infrastructure Fund IV’s target, capital raised so far and deal log were disclosed in a presentation to a US pension this week.
2 min read · 20 July 2023
Clark joins the Magic Circle firm as head of its global funds practice from Goodwin.
1 min read · 19 July 2023
The vehicle, which is around 30% larger than its predecessor, has been in market for just over two years and is already one of the largest dedicated standalone funds for secondaries.
2 min read · 18 July 2023
LP volume is said to be the main type of deal that buyers are interested in right now, along with select GP-led processes for top assets.
2 min read · 18 July 2023