If bids come in at a steep discount, some LPs are ready to use that data point to question other VCs invested in the same assets about their valuations and why they are not writing them down.
5 min read · 25 May 2023
Abbott Secondaries Opportunities Fund III is slated for a first close next month, documents from a US public pension show.
2 min read · 25 May 2023
GP-leds are of particular interest to the mainstream secondaries players, Tom Jorgensen, a managing director at North Sky Capital, said in a video interview at the Impact Investor Global Summit.
2 min read · 25 May 2023
Now in its seventh year, our latest survey of law firm activity shows an industry advising on a collective $754bn of transaction volume.
10 min read · 25 May 2023
Several deals across the mid-market have closed recently and market professionals see continued vibrancy at this smaller level of secondaries.
2 min read · 24 May 2023
The transaction, which saw AlpInvest and HarbourVest as co-leads, was oversubscribed with One Equity having to turn investors away and cut back its existing investors.
2 min read · 24 May 2023
The appointment is part of a raft of wider moves at the placement agent and advisory firm, including the departure of one of its co-founders.
2 min read · 24 May 2023
Greenhill’s private capital advisory unit, which advises on LP and GP-led secondaries transactions, will be included in the acquisition.
2 min read · 22 May 2023
The firm, which closed its Pantheon Credit Opportunities Fund II in May, sees around 70% of dealflow coming from LPs, according to global head of private credit Rick Jain.
5 min read · 22 May 2023
Legal experts we spoke to this week say a black-and-white view of status quo options is neither useful nor practical.
3 min read · 18 May 2023
