There is a shortage of buy-side capital for GP-led continuation funds, even though LPs are quickly waking up to the opportunity, say Portfolio Advisors’ Brian Mooney and Stephen Sloan.
4 min read · 14 April 2022
The portfolio sale, relatively small compared to the $1bn-plus transactions that hit the market since last year, is expected to get a lot of looks.
3 min read · 14 April 2022
With the rise in primary fundraising for sustainable investment, the manager of philanthropic and endowment capital sees the secondaries market following suit.
2 min read · 13 April 2022
LPs face new risk management and execution issues as the GP-led secondaries market expands, say AltamarCAM Partners global CEO and managing partner José Luis Molina and partner Derek Snyder.
5 min read · 13 April 2022
MetLife Investment Management has closed a $1.6bn fund seeded by a portfolio acquired off its own general account, part of a trend of insurers looking to become asset managers.
2 min read · 12 April 2022
Leveraging global M&A execution capabilities and cross-functional knowledge is key to driving optimal pricing for GP-led deals, say PJT Partners managing directors Christopher Areson, Jolie Chow and Johanna Lottmann.
7 min read · 12 April 2022
Konnin Tam, Steve Lessar and Veena Isaac were fired by BlackRock Monday morning to pre-empt their departure, just as the firm returned to market with a new secondaries fund.
2 min read · 11 April 2022
Founder Benjamin Revillon discusses the firm’s recent fundraising and how it is planning to deploy $765m in an inflationary environment.
3 min read · 11 April 2022
The Conshohocken, Pennsylvania-headquartered alternatives manager is in market with its sixth secondaries fund, having raised $3.9bn for its predecessor.
1 min read · 11 April 2022
Writing the biggest cheque doesn’t necessarily mean you structured the transaction – or bothered to have a beer with the counterparty to get to know them.
3 min read · 07 April 2022
