News & Analysis

Dawson emerges as a buyer on HVPE’s portfolio sale

Two buyers have lined up on the deal run by HarbourVest’s publicly listed investment trust, which is generating net proceeds of $300m from the sale, Secondaries Investor has learned.

Evergreens are attractive, but LPs aren’t rushing into anything

Semi-liquid strategies can provide benefits to LPs, but they aren’t a one-size-fits-all solution.

SQ Capital races to $400m first close for debut strategy – updated

Former Blackstone dealmaker Mustafa Siddiqui’s firm, which launched in January, completed its first CV with K1 Investment Management and has since made three further investments, Secondaries Investor understands.

Carlyle AlpInvest fundraises for credit secondaries strategy

The secondaries giant is the latest player to set up a formal strategy targeting the asset class, Secondaries Investor understands.

Howard University president emeritus: ‘I don’t think you’ll hear of us trying to exit through secondary markets’

Secondaries has become a popular portfolio management tool for large US endowments like Yale and Harvard.

LPs are expanding into more diverse secondaries strategies

New opportunities are arising for LPs, but there are ongoing pain points to address.

Lexington opens its first office in the Middle East

The firm’s Abu Dhabi office will be led by managing director Doug Bourne, who joined from Schroders earlier this year.

Kline Hill steps up on single-asset CV for German fitness chain

The deal gives NORD Holding’s All Inclusive Fitness an enterprise value of over €500m, according to a statement seen by Secondaries Investor.

Bullish managers expect to utilise GP-leds more in the coming years – DC Advisory

The GP-led market is predicted to reach about $93bn in total volume this year, according to a report.

Houlihan Lokey’s co-head of GP-led advisory departs for Lazard

Sameer Shamsi will continue his focus on GP-led secondaries advisory at Lazard, Secondaries Investor understands.