North America

Ex-Blackstone exec’s firm makes K1 single-asset CV its debut transaction

SQ Capital was the lead buyer of the $160m CV for portfolio company TeamDynamix, understood to have been run in an off-market deal with no bankers involved.

Coller looks to add private wealth exec in Canada

The Toronto-based opening comes a year after the launch of Coller’s Montreal office.

ICONIQ Capital closed $1.8bn clean-up as asset managers turn to managed portfolio sales

Clean-up deals have continued to grow as even traditional secondaries shops seek to close out older pools and deliver proceeds to long-time investors.

Harvard: Secondaries sales ‘not signs of constraint or liquidity concerns’

LP-leds are a function of ‘disciplined portfolio management’, according to HMC chief executive NP Narvekar.

Why a partnership with insurer RGA is ‘strategic and accretive’ for FoxPath

Reinsurance Group of America’s investment in credit secondaries specialist FoxPath Capital Partners will broaden its access to private assets.

Democratisation & Transparency: How alternative assets are readying for individual investors

Opening up alternative assets to non-institutional investors, from HNWIs to 401(k) account holders, represents up to $80trn. It’s an alluring pot of capital for an industry with flatlining annual fundraising figures in some asset classes. And yet, multiple headwinds exist, making the journey towards increasing democratisation far from straightforward.

Davis Polk: Retail push can complement traditional funds

There is now proof of concept that institutional and retail products can successfully be managed side by side, say Davis Polk’s Andrew Ahern, Oran Ebel, Christopher Healey and Leor Landa.

Market sentiment towards retail opportunities heats up

Private markets’ enthusiasm for the retail space is no fleeting trend, according to data from recent industry studies.

How tech could drive the next wave of democratisation

Further technology advances are required to truly unlock the potential of the private wealth market.

Do private markets require a rebrand?

With the retailisation of alternatives set to transform the industry, building brand awareness with individual investors has become a priority for managers.