Investing in businesses at one remove means secondaries firms need a different dynamic if they are to innovate on environmental, social and governance issues.
5 min read · 04 February 2021
The firm is investing its Secondary Fund IV, which closed in November on €1.6bn after 18 months in market.
2 min read · 04 February 2021
Asia’s first ‘decacorn’, Grab, was among assets moved into a continuation vehicle as part of the process run by Vertex Holdings.
2 min read · 03 February 2021
Secondaries has been a key driver of fee growth among Hamilton Lane’s commingled funds and separately managed accounts, vice-chairman Erik Hirsch said on an earnings call.
2 min read · 03 February 2021
The private equity giant joins TPG as the latest high-profile manager to raise a separate fund for GP-led secondaries.
2 min read · 02 February 2021
The US public pension has backed the manager’s latest fund.
1 min read · 02 February 2021
The promotions come as the firm seeks $3bn for its fifth secondaries vehicle.
1 min read · 01 February 2021
Around 38% of capital for secondaries was raised in the fourth quarter, with Goldman Sachs, AlpInvest and HarbourVest accounting for the bulk.
1 min read · 01 February 2021
The appointment comes at a time when many advisors are focusing on GP-led transactions.
2 min read · 01 February 2021
The law firm advised on more than $57bn-worth of secondaries transactions last year and represented GPs including Audax Group and Clearlake Capital Group.
2 min read · 29 January 2021