The trio of advisors brokered circa $25bn in transactions last year, accounting for nearly half of all estimated secondaries market activity.
2 min read · 16 January 2015
LP stake sales represented more than two-thirds of secondaries deal volume last year, according to NYPPEX. The advisory firm led by Laurence Allen predicts 2015 deal volume will climb to $65bn.
2 min read · 14 January 2015
Julian Rampelmann and Wiebe Visser were promoted to principal on the secondary investments team.
1 min read · 13 January 2015
Standard Life Secondary Opportunities Fund II launched last year with a $200m target.
2 min read · 13 January 2015
Sarah Schwarzschild joined Carlyle’s real estate arm last March from Partners Group. She’s helping lead Metropolitan’s first dedicated real estate secondaries and co-investment fund.
1 min read · 12 January 2015
Kirkland & Ellis advised on 50 secondaries deals in 2014, worth $7.5bn.
2 min read · 12 January 2015
The Pennsylvania Public School Employees’ Retirement System has sold 20 private equity fund stakes valued at roughly $2bn.
2 min read · 09 January 2015
An increasing number of GPs are giving their existing LPs liquidity options in older funds, as part of their sales pitch for a new fund, according to Tullett Prebon’s Suchita Nayar.
1 min read · 07 January 2015
Lawyers, including Proskauer’s Sean Hill, expect GPs to invest in more complex and non-traditional secondaries deals in 2015.
1 min read · 06 January 2015
PSERS has sold 17 LP interests in an effort to reduce its exposure to private equity.
2 min read · 05 January 2015
