Though this year’s ranking of the biggest secondaries fundraisers has a different name at number one for the first time ever, many of the most interesting subplots can be found further down.
3 min read · 01 September 2022
Stafford has raised its fourth flagship vehicle at a time of strong demand for inflation-resistant asset classes such as infrastructure.
2 min read · 31 August 2022
Secondary pricing for buyout funds as a percentage of NAV fell from 97% for full-year 2021 to 88% in the first half, according to Greenhill.
2 min read · 29 August 2022
The deal was to be priced off the sale of a minority stake software business Medius to Advent but was negotiated down in line with falling public markets.
3 min read · 25 August 2022
StepStone Group was the lead investor on Adelis Equity Partners’ single-asset continuation fund, with LACERA joining as junior lead.
2 min read · 25 August 2022
Mid-market-focused DC Advisory is adding secondaries to its M&A, restructuring, capital raising and GP stakes businesses.
2 min read · 24 August 2022
A combination of record deployment by PE managers and slower exit activity is creating a need for liquidity among LPs, according to Lazard.
3 min read · 23 August 2022
Big financial institutions are increasingly looking for ways to expand into secondaries advisory to help meet the demand of the growing market.
2 min read · 22 August 2022
With the launch of S3, Apollo becomes ‘much more of a one-stop relationship’ for GPs, co-president Scott Kleinman tells Secondaries Investor.
5 min read · 11 August 2022
Any attempts to streamline the GP-led process should provide guardrails, write Maurice Gindi, Kenneth Blazejewski and Sophie Smith from law firm Cleary Gottlieb.
4 min read · 10 August 2022