Lower price expectations drove an 18% increase in direct secondaries transactions during the first half of the year, according to a report by NYPPEX.
2 min read · 31 July 2017
The French investment firm has bought the LP stakes from UniCredit, the Italian banking group.
2 min read · 31 July 2017
Benjamin Wu will focus on secondaries, directs and primaries from the firm’s Toronto office.
2 min read · 28 July 2017
The two types of transaction accounted for one-third of market share in the first half of 2017, according to a survey by advisor Evercore.
1 min read · 27 July 2017
The asset manager has confirmed a $1.1bn haul for the vehicle, three months after Secondaries Investor reported it had held the final close.
1 min read · 27 July 2017
The firm is targeting $1bn for its third secondaries fund, which has a target IRR of as much as 20%.
2 min read · 26 July 2017
The Federal Reserve Board is allowing banks an additional two years to divest certain types of initial fund investments.
2 min read · 26 July 2017
The German firm, which is active in fund and direct secondaries, has hired a former BNY Mellon veteran for the newly created role.
2 min read · 25 July 2017
The unit has formed Glendower Capital, focusing on private equity secondaries from London and New York, Secondaries Investor has learned.
2 min read · 25 July 2017
The investment bank’s analysis of the first half suggests that 2017 could break records on a number of fronts.
3 min read · 24 July 2017