People

The firm, founded by ex-Morgan Stanley and ex-Apollo execs, is planning to add a few more hires by the end of the year.

The timberland secondaries investor’s chairman says forestry ‘could be the infrastructure of tomorrow’ and that Australia’s superfunds would do well to make their move sooner rather than later.

Michael Camacho, a former long-time AlpInvest Partners executive who has worked in North America, Europe and Asia, is understood to be leaving this week.

Manulife Investment Management’s GP-led secondaries programme will seek out concentrated deals from the large-cap space through to the lower mid-market.

In this second episode of the Decade of Secondaries Investing miniseries, Blackstone’s Verdun Perry and Evercore’s Nigel Dawn look at how the continuation fund market has evolved over the last decade and how it may evolve in the years to come.

The mid-market specialist is seeking €1.5bn for Unigestion Secondary VI, according to Secondaries Investor data.

$1trn in annual deal volume is achievable with upticks in secondaries trading in non-PE asset classes, NAV lending, preferred equity and GP stakes, according to Whitehorse Liquidity Partners’ founder.

Secondaries advisory has become a desired function at investment banks, and many smaller, mid-market focused financial institutions brought on secondaries talent in recent years.

Three of PEI’s Women of Influence – Morningside’s Tori Buffery, KKR’s Saleena Goel and LGT’s Martha Heitmann – share their outlook on the GP-led secondaries market.

The firm has appointed Michael Hu, a former managing director at Ardian, to lead its regional investment and business development activities from its new office in Singapore.