Declining multiples spell trouble for deals done in recent years, when valuations were at historic highs, said ex-Ardian secondaries head Vincent Gombault.
2 min read · 04 April 2022
The presence of a US public pension system as a lead investor is a reflection of the growing sophistication and desire on the part of some big US public plans to take more direct roles in investment management.
4 min read · 04 April 2022
The mid-market-focused boutique is one of several banks and financial advisers thinking about adding secondaries capabilities.
2 min read · 01 April 2022
These transactions bring advantages for LPs, GPs, management teams and secondaries buyers, say partners in Pantheon’s global secondaries team in this sponsored Q&A.
5 min read · 31 March 2022
Guggenheim Securities is taking another bite of the apple after the departure of its private capital advisory group in May.
2 min read · 31 March 2022
Alexandra Chauvin ranked 13th in Secondaries Investor‘s 2020 Next Gen Leaders listing of the most promising people in secondaries under the age of 36.
1 min read · 30 March 2022
Global Secondaries VI has a levered sleeve targeting returns of more than 20%, a feature more commonly found in credit funds.
2 min read · 30 March 2022
Sponsors must ensure their own interests align with those of their existing LPs and the buyers to combat a rise in ‘conflict washing’, panellists at last week’s Invest Europe forum warned.
3 min read · 29 March 2022
Consistent market activity and deep domain expertise can help overcome the challenges associated with integrating continuation vehicles into a broader secondaries portfolio, says Partners Group’s Anthony Shontz.
7 min read · 28 March 2022
The JV with property investor ShopOne, struck on the back of a secondaries recap, provides fresh capital to invest in shopping centres in metropolitan areas.
2 min read · 28 March 2022