Germany-based corporate partner Michael Cziesla, who counts secondaries among his specialties, will work alongside Tim Bednall, recently elected by the firm as managing partner for Europe and Middle East.
1 min read · 20 October 2016
An overwhelming majority of investors in the Swiss firm’s sole fund have agreed to sell their stakes to the bank’s private equity unit, Secondaries Investor has learned.
2 min read · 13 October 2016
Discounts could also widen for European funds amid volatility related to Brexit, according to a mid-year report by the advisory firm obtained exclusively by Secondaries Investor.
2 min read · 11 October 2016
The advisory firm and placement agent has made two appointments including a 12-year PAI Partners veteran as a senior advisor.
1 min read · 10 October 2016
In an effort to trump a £748m preliminary agreement SVG reached with rival suitors Goldman Sachs and CPPIB, HarbourVest has also offered to buy the London-listed private equity investor’s entire portfolio, but for at least £783m.
3 min read · 10 October 2016
GPs will become more proactive in overseeing secondaries trading in their funds, as well as helping to provide liquidity to their investors, according to co-founder Pierre-Antoine de Selancy.
2 min read · 10 October 2016
The global investment manager is giving shareholders more time to consider its offer after SVG said it planned to sell its entire portfolio to Goldman Sachs and CPPIB for around £748m.
2 min read · 07 October 2016
The London-listed private equity investor has agreed ‘in principle’ to sell all its assets for about £748m, setting aside an earlier deal with another group.
3 min read · 06 October 2016
Macroeconomic concerns have weighed on secondaries market participants’ minds over the last 12 months and have had varied effects.
3 min read · 05 October 2016
Dushy Sivanithy, who spent 10 years at Pantheon, will oversee origination activity across the firm’s primary fundraising, secondaries and strategic advisory services.
3 min read · 04 October 2016
