The $10bn system set a 5% target for its new private equity portfolio, with 75% of that intended for secondaries.
2 min read · 20 February 2023
Tender offers plus staples remain challenging because if the price isn’t right, limited partners can simply choose not to sell.
3 min read · 16 February 2023
Reduced exit activity in the buyout market, coupled with the denominator effect, is creating opportunities for buyers, Shane Feeney, managing director and global head of secondaries, tells Secondaries Investor.
2 min read · 16 February 2023
Challenges persist as the subsector gains interest, according to panellists at the Fund Finance Association’s recent Global Symposium.
2 min read · 15 February 2023
Deal activity for the asset class reached an all-time high for the third year in a row due to strong growth of GP-led processes.
3 min read · 13 February 2023
The firm has also made headway with fundraising for its latest secondaries programme, according to vice-chairman Erik Hirsch.
1 min read · 13 February 2023
Secondaries Investor dives into the advisory firm’s top five predictions and the drivers behind its outlook, including its prediction of at least $150bn in deal volume this year.
3 min read · 09 February 2023
Brookfield Asset Management’s Connor Teskey says the firm can be a leader in secondaries and will initially focus on the GP-led market.
1 min read · 09 February 2023
LPs are expected to increase sales of their portfolios over the coming year, which could bode well for secondaries funds.
2 min read · 09 February 2023
Secondaries buyers estimate there is around $14bn to $16bn or more of LP portfolio sales on the block, with anticipation of much more to come.
4 min read · 08 February 2023