The asset manager, which has $170bn in alternatives AUM, is revisiting the strategy having last raised a dedicated secondaries fund in 2016.
2 min read · 14 July 2022
The sale, valued at around $6bn by net asset value plus unfunded commitments, ranks among the largest to ever trade.
3 min read · 14 July 2022
Impacts from the broader economy, such as inflation, geopolitical turmoil and slower growth, have made it tougher to value assets in secondaries processes, with a wide gap between buyer and seller expectations.
3 min read · 14 July 2022
Secondaries transactions in the asset class often bring more direct and indirect tax issues than those in private equity, write Macfarlanes’ James McCredie and Sarah Shucksmith.
4 min read · 13 July 2022
The firm, which is seeking as much as $585m for Keyhaven Secondaries Fund III, also made two hires last November.
2 min read · 13 July 2022
The law firm has hired a fund finance specialist to take advantage of asset-backed lending, which has become an increasingly popular alternative to secondaries sales.
2 min read · 12 July 2022
Energy and infrastructure secondaries accounted for 6% of the $134bn in deal volume last year, according to Evercore.
2 min read · 11 July 2022
Secondaries Investor caught up with the secondaries giant’s co-leads of Europe and Asia to discuss personnel changes and where it sees future growth.
3 min read · 07 July 2022
The adviser and placement agent sees a growing opportunity in the US lower middle market, particularly in preferred equity.
2 min read · 07 July 2022
The firm is replicating its private equity strategy in infrastructure, with its inaugural co-investment and secondaries vehicle.
3 min read · 07 July 2022
