Strip sales have not been as pervasive as other forms of direct secondaries like GP-led continuation funds and single-asset deals.
3 min read · 30 November 2021
The GP with $9.3bn in private equity assets under management is looking at ways to hold on to ‘champions’ for longer, according to CEO Alex Saigh.
2 min read · 30 November 2021
Buyers should beware of sponsors using the GP-led market to drive undeservedly favourable terms, said Pantheon secondaries co-head Rudy Scarpa.
2 min read · 29 November 2021
GP-led deals like CCMP’s anticipated process represented a much larger portion of secondaries deal volume last year and this year to date.
2 min read · 29 November 2021
Appetite for secondaries rises as more investors recognise it as way to increase exposure to real estate, according to James Jacobs, head of real estate for Lazard’s private capital advisory group.
2 min read · 25 November 2021
The hires bring the total number of languages spoken by employees at the European mid-market secondaries firm to 21.
2 min read · 24 November 2021
27% of respondents to Evercore’s 2020 year-end survey said they had an appetite for energy in 2021, making it the second-least popular asset class.
2 min read · 23 November 2021
A stake in CD&R’s 2018-vintage fund sold for 124% of NAV, according to a survey of 52 transactions by Palico, with average pricing of 98.5%.
2 min read · 22 November 2021
The bank moved a $1bn portfolio of assets off its balance sheet into a vehicle anchored by secondaries capital, a repeat of a deal it executed last year.
2 min read · 22 November 2021
The alternatives giant has closed at least three balance-sheet real estate secondaries deals prior to launching a formal fundraise for the strategy.
2 min read · 18 November 2021
