The transaction comes at a time when the opportunity set for real estate secondaries investing is shifting.
3 min read · 31 July 2023
GP-led deals, which once dominated volume, have taken a back seat to LP portfolio sales, which represented the majority of transactions in the first half of the year.
2 min read · 31 July 2023
The total amount raised between January and June eclipses all of 2019 when just $36.9bn was collected in final closes.
2 min read · 26 July 2023
The advisory firm and placement agent now has more than 60 secondaries-focused professionals globally.
1 min read · 25 July 2023
The process is part of a surge of LP portfolios that have hit the market this year as institutions look for ways to generate liquidity and rebalance their exposure to the asset class.
3 min read · 24 July 2023
Early estimates for first half activity show secondaries transaction volume is off to a slower than anticipated start this year; yet, the market is expected to pick up some of the shortfall.
2 min read · 20 July 2023
Clark joins the Magic Circle firm as head of its global funds practice from Goodwin.
1 min read · 19 July 2023
The vehicle, which is around 30% larger than its predecessor, has been in market for just over two years and is already one of the largest dedicated standalone funds for secondaries.
2 min read · 18 July 2023
LP volume is said to be the main type of deal that buyers are interested in right now, along with select GP-led processes for top assets.
2 min read · 18 July 2023
Activity has slowed compared with last year’s figures, when the market saw $54bn of volume in the first half.
2 min read · 17 July 2023