The move is the latest in a slew of relocations in the space, as both established and new players look to add talent.
2 min read · 27 March 2023
The firm is seeking 25-50% more for its latest offering compared with its debut vehicle, Secondaries Investor has learned.
1 min read · 23 March 2023
Goldman raised $10.3bn for predecessor Vintage VIII against a target of $7bn, according to Secondaries Investor data.
2 min read · 23 March 2023
Michael Arougheti, Ares’ chief executive and president, has previously said the secondaries industry is at an ‘inflection point’.
2 min read · 22 March 2023
The firm took up a managing director from its founder’s old employer, while tapping three other firms to expand its platform.
2 min read · 07 March 2023
Such transactions can generate liquidity for LPs, validate a mark and allow a GP to retain control of a well-performing asset, says Todd Miller of W Capital Group.
4 min read · 07 March 2023
There is an expectation that tender activity will increase as GPs look for ways to deliver liquidity back to LPs as exits slow, and at the same time boost fundraising in the sluggish environment.
3 min read · 06 March 2023
Insurance companies are stepping in to fill a supply gap in fund finance, and one of the insurance worlds’ first movers in the market is looking to expand its fingerprint.
3 min read · 03 March 2023
The significance of a low take-up rate in a sponsor-initiated secondaries process isn’t as cut and dried as it may seem.
3 min read · 02 March 2023
Pricing of assets and LP stakes remain points of contention between buyers and sellers, which has made it challenging for secondaries deals to reach final close.
3 min read · 02 March 2023
