Pioneering Coller is one of the few remaining independent secondaries firms of scale after a frantic year of M&A activity.
2 min read · 17 September 2021
The firm’s $841m acquisition of preferred equity stock in a midstream natural gas company shows infrastructure deals come in all shapes and sizes.
3 min read · 16 September 2021
Unlike secondaries deals, mid-life co-investments do not require the creation of a new vehicle or resetting fund economics.
3 min read · 16 September 2021
The proportion of secondaries transaction volumes to primary capital raised has stayed stubbornly around the 1% mark, as the primary market continues to grow.
3 min read · 16 September 2021
Buyers have become more selective and have emphasised the importance of alignment in GP-led deals, according to the advisory firm’s latest survey.
3 min read · 16 September 2021
The rapid growth of the secondaries market has created a war for talent, with the number of job moves increasing by 50% between 2019 and 2020.
2 min read · 15 September 2021
The rise of GP-led secondaries is raising interesting questions about the level of returns LPs should be expecting, say Investec Fund Solutions’ Ian Wiese and Michael Zornitta.
5 min read · 15 September 2021
Until technology providers can provide the market with sufficiently standardised transaction templates, their solutions will be accretive, not revolutionary.
3 min read · 15 September 2021
Tikehau Capital acquired Singapore secondaries firm Foundation Private Equity in July, having entered the credit secondaries market in 2019.
4 min read · 14 September 2021
The notion that GPs must let go of assets within a specific period of time has been turned on its head.
3 min read · 14 September 2021