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Ardian: More to come for APAC LP-led secondaries

The firm, which has opened an office in Hong Kong, closed at least five such transactions in the region this year, according to Jason Yao, head of Greater China.

Cari Lodge: Small end of the market has abundance of deals

Aqualis Partners is looking to take advantage of the growing and increasingly attractive small-cap market.

Secondaries becoming an ‘all weather’ strategy – RCP Advisors

The small buyout specialist’s latest secondaries vehicle surpassed its $1bn target and will invest in both LP- and GP-leds.

Industry Ventures founder: VC secondaries volume to top $120bn this year

Hans Swildens weighs in on Industry’s sale to Goldman Sachs, who the most active sellers in the venture secondaries market are, the current NAV discount for venture assets and more.

Asset quality trumps discounts for ICG, StepStone

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

Lexington’s Warren: Secondaries still only ‘a drop in the bucket’ for LPs’ liquidity needs

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.

Ex-Blackstone exec’s firm makes K1 single-asset CV its debut transaction

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.

Coller looks to add private wealth exec in Canada

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

Davis Polk: Retail push can complement traditional funds

There is now proof of concept that institutional and retail products can successfully be managed side by side, say Davis Polk’s Andrew Ahern, Oran Ebel, Christopher Healey and Leor Landa.

How the rise of CVs is driving new firm formation: Caroline Dallas of GEM

Dallas ascribes a strong environment for new firm formation to a few factors, including, perhaps surprisingly, the rise of continuation funds, along with growing LP appetite.