News & Analysis

In this Second Thoughts podcast, Peter Wright, founder of the Diversity in Secondaries Initiative, discusses why he set up the non-profit and notes its key achievements.

The US university that pioneers the ‘endowment model’ is selling its PE investments in the secondaries market for the first time.

The two continuation funds involve four assets from Leonard Green’s 2011-vintage Green Equity Investors VI, which NIC backed in 2011.

In this podcast, PEI Group editors discuss what GPs say they’re focusing on amid the trade war-induced uncertainty, how the secondaries market stands to benefit, and how investors are reacting to the volatile environment.

The sale follows the close of Ardian’s latest secondaries flagship programme on a record-breaking $30bn.

The median MOIC for continuation funds slightly outperforms that of buyouts, in line with findings presented early last year including a larger data set, according to a report.

The acquisition provides Sagard a ‘significant expansion’ into secondaries as it seeks to scale its evergreen product offering, chief executive Paul Desmarais III told Secondaries Investor.

The tariff uncertainty may lead to ‘extended timelines’ in dealmaking as buyers and sellers digest the impact, according to a report from Campbell Lutyens.

The process, involving a fast-casual Mexican food chain, adds to the trend of restaurant businesses being rolled into CVs.

The Australian superannuation fund, which was looking to sell prior to the US’s tariff announcements, is facing difficulty gauging pricing amid recent uncertainty, head of PE Jenny Newmarch tells Secondaries Investor.