News & Analysis

Speaking at the CAIS Alternative Investment Summit last week, executives from both firms agreed asset quality has become a more important driver of returns.

LACERS CIO Rodney June: ‘The opportunity set has grown’ in private equity secondaries market as $26bn pension eyes potential participation.

The fundraise is the private credit and real asset manager’s first private equity secondaries endeavour.

Unrealised NAV sitting in PE funds will ‘get bigger over the next five years before it shrinks’, according to the firm’s president Wil Warren.

Investors from German insurer Munich Re to Lithuanian family office Willgrow are jumping into the nascent asset class or considering doing so.

SQ Capital was the lead buyer of the $160m CV for portfolio company TeamDynamix, understood to have been run in an off-market deal with no bankers involved.

The Toronto-based opening comes a year after the launch of Coller’s Montreal office.

Clean-up deals have continued to grow as even traditional secondaries shops seek to close out older pools and deliver proceeds to long-time investors.

LP-leds are a function of ‘disciplined portfolio management’, according to HMC chief executive NP Narvekar.

Reinsurance Group of America’s investment in credit secondaries specialist FoxPath Capital Partners will broaden its access to private assets.