As more sponsors seek to run continuation vehicle transactions, two managers lay their cards on the table and discuss what improvements they would like to see from the market.
3 min read · 12 October 2023
Unrealised assets in private credit funds sit at around $1.5trn, partner and global head of private credit Rick Jain told Secondaries Investor this year.
2 min read · 12 October 2023
The bank will focus on capital call lines and GP financing for mid-market funds with the hire of Olivia Deroy who had worked at First Republic.
1 min read · 10 October 2023
The pension system, which has a separate account to invest in LP stakes, is expecting a buyers’ market and an uptick in secondaries dealflow.
2 min read · 09 October 2023
JPMorgan re-joins the secondaries fray as the firm’s last secondaries fund closed in 2016.
2 min read · 09 October 2023
The rationale for the deal is to provide liquidity to investors in older funds while still holding the assets.
3 min read · 05 October 2023
Separately managed accounts have unique characteristics that make secondaries trades trickier than those involving commingled funds.
2 min read · 05 October 2023
The firm expects to hold the final close on Lexington Capital Partners X at the end of the year.
2 min read · 05 October 2023
GP-led deal activity has slowed in the market downturn as buyers look for mostly high-quality assets and continue to seek diversity through LP portfolio sales.
2 min read · 04 October 2023
New Mountain is running the single-asset process for medical data-focused Datavant, which it acquired through a merger with its portfolio company Ciox Health in 2021.
2 min read · 03 October 2023
