The departures come soon after the fund finance specialist was acquired by Oaktree and following the close of its debut NAV lending fund on €2.6bn.
2 min read · 30 June 2022
Sponsors or GP-led secondaries processes should take care in the language they use to explain why they want to hold an asset for longer, writes Thiha Tun, a partner at Dechert.
4 min read · 29 June 2022
What was an exception is now mainstream, with buyers using leverage as bridging finance and to boost returns, according to Investec.
2 min read · 28 June 2022
The alternatives manager has already raised more than $1bn of capital to invest in senior debt secondaries through two May fund closes.
2 min read · 27 June 2022
The booming secondaries market is reflected in this year’s survey, with several respondents closing on twice the deal volume recorded in pandemic-hit 2020.
8 min read · 27 June 2022
The transaction involves the asset manager and other institutional investors acquiring a structured minority interest in a portfolio of assets as part of the UBS-advised deal.
3 min read · 23 June 2022
The placement agent has formally launched a secondaries advisory business focused on credit and infrastructure, having soft launched two years ago.
2 min read · 23 June 2022
ICG Strategic Equity IV has beaten its target after just a year and a half in market, Secondaries Investor understands.
3 min read · 22 June 2022
The Chicago-based manager will target opportunities where it has an informational advantage that allows it to profit from ‘value arbitrage’, according to secondaries head Jeff Akers.
2 min read · 21 June 2022
The deal is among a handful of GP-led secondaries processes that have moved through the market, which has become more challenging because of pricing uncertainty.
3 min read · 21 June 2022