Offloading a $1.3bn portfolio to Ardian helped push the pension system to a since-inception DPI capital ratio of 1.0x.
2 min read · 02 April 2019
The buyout firm has been in discussions with providers over a £500m finance facility for its 2013-vintage HgCapital 7 fund, Secondaries Investor has learned.
2 min read · 01 April 2019
Declining return expectations, longer deferrals and market volatility are among the factors shaping today’s market.
3 min read · 31 March 2019
Managing director Tony Cusano was listed in Secondaries Investor’s 2017 Young Guns of Secondaries ranking of the most impressive professionals in the industry under 36.
2 min read · 29 March 2019
Anyone doubting that Asia could provide meaningful secondaries dealflow should think again.
3 min read · 28 March 2019
The firm entered the real estate secondaries market in 2017, bringing in Deutsche Bank’s Scott Koenig to lead the build-out.
2 min read · 28 March 2019
San Francisco-based Melting Point Solutions seeks to maximise pricing for sellers by seeking bids for single items as well as whole portfolios. Raphael Haas, the firm’s chief executive, talks to Secondaries Investor about why multi-buyer sales can deliver better pricing for sellers and why non-dedicated buyers can provide outlier pricing.
4 min read · 27 March 2019
The Carlyle Group unit is understood to be among buyers involved in the GP-led process on Oaktree Principal Fund V.
2 min read · 27 March 2019
The $3.5bn ACOF III fund is understood to have nine assets remaining, including the US luxury department store.
2 min read · 26 March 2019
Daniel Quinn and Aleksander Bakic are joining the firm’s London office from O’Melveny & Myers.
1 min read · 26 March 2019
