If it reaches its target, Clipway Secondary Fund would be one of the largest debut funds from a spin-out or newly established firm.
2 min read · 18 July 2023
Activity has slowed compared with last year’s figures, when the market saw $54bn of volume in the first half.
2 min read · 17 July 2023
The departure comes two years after the complex secondaries specialist agreed to be acquired by PGIM, the asset management arm of insurance company Prudential Financial.
1 min read · 14 July 2023
The transaction is the second the UK-headquartered buyout firm has closed this year after its single-asset process involving SERB.
2 min read · 13 July 2023
Healthcare-related assets make up a significant chunk of potential dealflow in the GP-led secondaries market given the sector’s characteristics and outlook.
4 min read · 13 July 2023
The lower-mid-market-focused manager had set a $650m hard-cap on RCP Secondary Opportunity Fund IV.
1 min read · 12 July 2023
Venture capital and growth fund stakes fell to account for 9% of secondaries volume last year, from 18% the prior year.
2 min read · 12 July 2023
While demand for such deals is high, activity has only been steadily increasing this year amid price discrepancies and a limited capital base.
4 min read · 12 July 2023
The firm, founded by Landmark Partners veteran Ian Charles, has assembled a group of ex-Landmark, Stonyrock and Kirkland & Ellis professionals for the unit.
4 min read · 11 July 2023
Featuring three assets from its first fund, the new vehicle closed oversubscribed and with an all-new group of investors.
4 min read · 10 July 2023