The Hunter Point transaction means that almost all of the large secondaries firms, according to the SI 50 ranking, have either sold a stake, gone public or are part of a wider asset management platform.
2 min read · 12 April 2023
Closing deals in this environment is challenging, with wide bid/ask spreads and syndication issues.
3 min read · 12 April 2023
Sabina Sammartino joins as the advisory unit of Japanese financial services conglomerate Daiwa Securities continues to build up its secondaries capabilities.
1 min read · 11 April 2023
The investment bank’s capital solutions team has advised on around $68bn of secondaries, direct and co-investment transactions.
2 min read · 10 April 2023
Asia and Australasia secondaries accounted for around 4-5% of both LP-led and GP-led deal volume last year.
2 min read · 06 April 2023
Tender offers plus staples can be a powerful tool to provide liquidity to cash-strapped LPs; some buyers say they have different thoughts.
5 min read · 05 April 2023
The transaction follows another lead position for Montana on a €146m single-asset vehicle last year.
1 min read · 05 April 2023
Regulators have accused funds of foisting their fiduciary duties onto outsourced firms.
4 min read · 04 April 2023
The VC secondaries specialist reached the $850m hard-cap for its predecessor, which held its final close in 2021.
2 min read · 04 April 2023
As prices generally come with discounts to net asset value, existing LPs have been slow to sell in tender processes.
2 min read · 03 April 2023
