Conditions are favourable for deal-by-deal transactions, adding to the growing ocean of manager types in an already competitive market.
3 min read · 13 March 2023
GP-led processes overtook traditional LP deals as a proportion of secondaries volume in 2020, and now account for around half of transaction volume.
2 min read · 13 March 2023
Processes that don’t offer a status quo option have begun to crop up more frequently in the GP-led market.
3 min read · 13 March 2023
As some GPs attempt to codify the removal of LPAC review and consent for continuation vehicles, they will face a ream of objections among investors.
8 min read · 13 March 2023
Three of the young professionals from our list of up-and-coming secondaries leaders give their take on the GP-led market.
4 min read · 13 March 2023
Continuation funds have become a more common exit route, enabling sponsors to hold onto their star assets for longer.
3 min read · 13 March 2023
There are various stages involved in getting these deals over the line, though greater levels of complexity can stretch timelines.
2 min read · 13 March 2023
The top 10 known commitments to 2022-vintage secondaries vehicles totalled $4.77bn, buoyed by ADIA’s whopping $4bn commitment to Ardian’s ASF IX.
1 min read · 09 March 2023
Though fund sponsors do not value portfolios on a daily basis, comparisons can theoretically be drawn between public stock market pricing and LP secondaries trading.
4 min read · 08 March 2023
The firm took up a managing director from its founder’s old employer, while tapping three other firms to expand its platform.
2 min read · 07 March 2023
