Three years ago the thought of a $100bn secondaries market was met with a chuckle; today it looks more likely than not.
2 min read · 04 July 2019
The deal involves stakes in 10 emerging-market assets from MTN Group, Africa’s largest telecoms company.
2 min read · 02 July 2019
Senior executives at the former emerging markets private equity firm overvalued positions and delayed markdowns to attract LP stakes purchases, a US indictment alleges.
3 min read · 17 June 2019
The process comes as the Carlyle Group also explores using secondaries on its 2013-vintage Sub-Saharan Africa fund.
2 min read · 10 June 2019
Emerging market GP-led deals are rife with difficulties but Carlyle’s name and the dynamics of the secondaries market suggest a deal can be done on its Africa fund.
3 min read · 24 May 2019
The private equity giant approached secondaries buyers about acquiring LP stakes in its 2013-vintage Sub-Saharan Africa Fund and making a stapled commitment to its successor.
2 min read · 20 May 2019
The Toronto-headquartered firm, which last year raised $1.3bn for secondaries, has appointed Sophia Damianou as MD of EMEA business development.
2 min read · 16 May 2019
The buyout firm is exploring options for its 2008-vintage Fund V, which holds the world’s third-largest ice cream producer Froneri, in a deal that could be worth close to €2bn.
2 min read · 04 April 2019
The spin-out of 55 people, 35 companies across three continents and the need to juggle the interests of several LPs that happen to be secondaries firms: the deal shows just how far things have come.
6 min read · 03 April 2019