Disclosure, the role of the LPAC and status quo options may make some GP-led restructurings unaligned with the industry body’s guidelines, according to Cleary Gottlieb.
5 min read · 24 April 2019
Sean Gallary, who left The Carlyle Group unit last year, has launched Stonyrock Partners with a former BAAM managing director.
2 min read · 23 April 2019
The pension’s advisor Cliffwater has recommended the pension offload older stakes and exploit the lack of competition at the small end of the market by purchasing individual fund positions.
2 min read · 23 April 2019
GP-led strip sales, a steep reduction in the use of deferrals and a big swing in market sentiment were among the defining characteristics of 2018, according to a report by the secondaries advisor.
2 min read · 23 April 2019
Axing carry and management fees for certain investors is a neat way of giving back.
2 min read · 18 April 2019
New status is expected to widen the range of US and foreign owners of Blackstone’s stock.
2 min read · 18 April 2019
On the heels of ILPA’s recent best practices on GP-led secondaries, BRG’s Finbarr O’Connor and Gavin Farrell take a practical look at issues important to LPs, and how GPs can address the guidance as they formulate transactions.
7 min read · 18 April 2019
The investment firm has offloaded a portfolio of stakes from its 2010-vintage secondaries fund, having sold at least $1.5bn to the Blackstone unit since 2017.
2 min read · 17 April 2019
The world’s largest asset manager has added a director and an associate to its growing secondaries team.
1 min read · 16 April 2019
The Asia specialist is seeking $850m for direct secondaries and sponsor-led deals, which account for a growing proportion of its investments.
2 min read · 16 April 2019
