Ron Dickerman, founder of real estate direct secondaries firm Madison International Realty, says a pause on all but the best growth-oriented investments is necessary while central banks bring inflation under control.
5 min read · 06 October 2022
The firm has a subscription credit line of up to 30% of the total of Adams Street Global Secondary Fund 7, US pension documents show.
2 min read · 04 October 2022
The situation is an example of the challenges of completing LP portfolio sales in today’s market, with a widening gap between buyer and seller pricing expectations.
3 min read · 03 October 2022
Goldman’s predecessor Fund II raised $2.75bn, making it the third-largest real estate secondaries fund raised at the time.
2 min read · 29 September 2022
The secondaries market for energy assets has become more favourable this year with the war in Ukraine driving higher commodities prices.
2 min read · 28 September 2022
Activity within the secondaries market will bounce back stronger than ever in 2023, says Shane Feeney, managing director and global head of secondaries, in this sponsored Q&A.
6 min read · 28 September 2022
Public pension systems that are overallocated due to the denominator effect and market volatility are expected to produce a flood of fund stake sales.
2 min read · 28 September 2022
The hiring comes as several mid-market investment banks are acquiring capabilities to advise on secondaries transactions, usually focused on GP-led deals like single-asset continuation funds.
2 min read · 26 September 2022
Alex Mejia is joining Baird less than 18 months after joining Goldman to advise on single- and double-asset GP-led deals.
2 min read · 23 September 2022
The firm is responding to demand from GPs for capital to help manage their balance sheets, according to partner Michael Gubbels.
2 min read · 21 September 2022
