Limited partners in the firm’s 2010-vintage $400m co-investment vehicle can approve an extension or sell to a secondaries buyer.
2 min read · 02 October 2018
The secondaries firm expects to receive more acceptances of its hostile bid for the $259m timber vehicle after a majority of shareholders approved it last week.
2 min read · 02 October 2018
New managers are up, secondaries are down and co-investments remain popular in the latest version of the Rede Liquidity Index.
2 min read · 01 October 2018
Investors in a 2006-vintage, $715m US mid-market buyout fund were given the option to sell or roll over into a five-year continuation vehicle.
2 min read · 01 October 2018
For all the debate it provokes, the conventional hurdle rate has remained stubbornly untouched since the ’80s.
3 min read · 28 September 2018
The firm is selling special metals services provider Scanacon Intressenter, which it acquired in 2012 through a take-private deal.
2 min read · 27 September 2018
The secondaries firm is aiming to convince more than half of the timber fund’s shareholders by Saturday – a task likely made easier by the withdrawal of a rival bid last week.
3 min read · 27 September 2018
The firm has confirmed it will move Swedish chemical manufacturer Perstorp into a vehicle backed by Landmark Partners, two months after Secondaries Investor first reported on the deal.
2 min read · 26 September 2018
In the current late cycle pricing environment, secondaries buyers need to play to their strengths, according to managing director Tristram Perkins.
5 min read · 26 September 2018
Per Olofsson, head of alternatives at the €48bn pension, says it’s a ‘very good thing’ the secondaries market has evolved.
2 min read · 26 September 2018