Ares Management data, shared with Secondaries Investor, shows deal volume for the asset class fell 21% in 2023 from the record $12.4bn clocked the year prior.
3 min read · 14 February 2024
The RMB fund targets Chinese LPs and aims to hold its first close this year.
2 min read · 13 February 2024
Blue Earth’s secondaries strategy – part of its soon-to-launch multi-strategy fund – has just acquired a portfolio of fund stakes from a UK development finance institution.
4 min read · 12 February 2024
Lexington Partners, Strategic Partners and Goldman Sachs Asset Management played a pivotal role in driving fundraising in the secondaries space last year.
1 min read · 08 February 2024
Secondaries capital that comes with deep sector expertise may define the next iteration of the GP-led market.
3 min read · 01 February 2024
More than one in four GPs used the secondaries market to extend hold periods, while a further 18% were enticed by unfunded commitments, according to the investment bank.
3 min read · 31 January 2024
China funds are trading at a 50% discount to NAV even after a decline in private markets valuations, according to managing director Kent Chen.
3 min read · 30 January 2024
The amount of capital raised for the strategy last year eclipsed the previous $101bn record set in 2020, data from Secondaries Investor shows.
2 min read · 30 January 2024
Strengthening pricing drove activity, helped by stabilising interest rates and an overall improvement in economic outlook.
3 min read · 24 January 2024