The deal was to be priced off the sale of a minority stake software business Medius to Advent but was negotiated down in line with falling public markets.
3 min read · 25 August 2022
StepStone Group was the lead investor on Adelis Equity Partners’ single-asset continuation fund, with LACERA joining as junior lead.
2 min read · 25 August 2022
TR Capital’s Colin Sau told delegates at Wednesday’s HKVCA China Private Equity Summit that GPs are favouring domestic liquidity routes for certain industries.
2 min read · 25 August 2022
Mid-market-focused DC Advisory is adding secondaries to its M&A, restructuring, capital raising and GP stakes businesses.
2 min read · 24 August 2022
Secondaries Investor caught up with Adrian Millan from PJT Partners to discuss a market that’s becoming increasingly relevant to liquidity-squeezed LPs.
3 min read · 24 August 2022
A combination of record deployment by PE managers and slower exit activity is creating a need for liquidity among LPs, according to Lazard.
3 min read · 23 August 2022
Big financial institutions are increasingly looking for ways to expand into secondaries advisory to help meet the demand of the growing market.
2 min read · 22 August 2022
The listed vehicle made 15 commitments to secondaries investments in the 12 months to 31 May totalling the equivalent of $130.8m, according to its 2022 annual report.
2 min read · 22 August 2022
The former co-head of the SEC’s Private Funds Unit and managing partner of regulatory consultancy firm Iron Road Partners details where GPs should be spending their time.
3 min read · 22 August 2022
Public pensions drove the LP-led market in H1, as allocation pressures led them to sell despite worsening price dislocation, Campbell Lutyens found.
2 min read · 18 August 2022
