The LP portfolio sale was among a slew of such deals launched since last year that managed to close despite pricing uncertainty and hesitation among LPs to sell at discounts.
2 min read · 15 February 2023
The appointments are the latest in a string of secondaries lawyer moves to firms such as Fried Frank and Sidley Austin.
2 min read · 14 February 2023
Single-asset continuation funds comprised around 40% of GP-led secondaries volume in 2022, down from 52% the prior year, according to Lazard’s Secondary Market Report 2022.
4 min read · 14 February 2023
The bank’s secondaries advisory group advised on over $4bn of transactions in North America in 12 months to end-October last year.
2 min read · 13 February 2023
Deal activity for the asset class reached an all-time high for the third year in a row due to strong growth of GP-led processes.
3 min read · 13 February 2023
The firm has also made headway with fundraising for its latest secondaries programme, according to vice-chairman Erik Hirsch.
1 min read · 13 February 2023
Brookfield Asset Management’s Connor Teskey says the firm can be a leader in secondaries and will initially focus on the GP-led market.
1 min read · 09 February 2023
The Carlyle unit joins four other secondaries firms seeking to raise more than $10bn for their latest programmes.
2 min read · 09 February 2023
LPs are expected to increase sales of their portfolios over the coming year, which could bode well for secondaries funds.
2 min read · 09 February 2023
Secondaries buyers estimate there is around $14bn to $16bn or more of LP portfolio sales on the block, with anticipation of much more to come.
4 min read · 08 February 2023
