News & Analysis

Five Arrows’ Secondary Opportunities VI launched in 2023 and will focus on mid-market opportunities.

Here are responses from industry thought leaders including Goldman Sachs, Carlyle, Apollo and NYCRS across areas such as dealmaking, fundraising and secondaries.

The mid-market firm associated with global advisory group Alvarez & Marsal is the latest to join an increasingly competitive buyside landscape.

The hire comes a month after NYCRS closed a more than $5.5bn sale to Blackstone Strategic Partners.

Amid the widespread adoption of continuation funds, an LP’s ability to roll into a fund is becoming more important.

While fundraising figures in the first quarter were lofty, most of the capital raised came from Ardian’s record-breaking close in January.

As high interest rates, depressed values and fluctuating markets continue to squeeze investors, real estate secondaries is flourishing.

The placement agent, which takes a generalist approach to primary and secondaries advisory, has made a number of hires from advisers including Mercury, chief executive Paul Buckley tells Secondaries Investor.

Three major themes emerge in real estate secondaries as private equity investors and fund managers look for liquidity.

The multi-strategy investor and secondaries specialist built the programme to teach GPs and LPs how to find alternate routes to liquidity outside of IPOs and M&A.