News & Analysis

Asset-backed securities deals have got bigger, with several closing above $1bn in the first half, according to the adviser.

CVs are gaining momentum in the VC industry as more venture firms use them to extend ownership of prized assets and generate liquidity for LPs.

The buyout firm launched Sage Equity Investors last year with a $1.5bn target.

CIO Nils Rode tells Secondaries Investor that CVs could eat into buyout dealflow over the next decade.

Private credit GPs are increasingly using CVs to become ‘better fund managers’, according to Pantheon’s Rakesh Jain.

The firm’s Keystone strategy provides bespoke offerings to alternatives managers at the management company, fund and asset level.

Distributions as a share of total PE NAV have stayed below average for the past three years and are unlikely to return to normal level this year, according to StepStone research.

The hire comes a year after the US’s second-largest banking institution made its foray into secondaries market advisory.

Bids on the portfolio were due this week, with the expectation that the process closes by end-September.

The firm’s half-year activity update also disclosed launch plans for future secondaries vehicles.