The deal gave investors in Avenue Capital Group’s 2011-vintage Europe Special Situations Fund II the option to sell their stakes at par or roll over into a new vehicle.
2 min read · 11 March 2019
A GP-led deal in the music royalties space shows how adventurous secondaries investors are getting and how readily existing deal types can be applied to new asset classes.
2 min read · 07 March 2019
Soros Fund Management is looking to de-risk its portfolio by selling off PE and VC assets, Secondaries Investor has learned.
1 min read · 26 February 2019
The pension’s advisors have cited secondaries as a way to grow its exposure to PE without having to compete for places in the most popular funds.
2 min read · 21 February 2019
The mid-market firm transferred four assets into a vehicle backed by $355m of secondaries capital.
2 min read · 19 February 2019
The appointment of Michael Cronin and Vincent Hsu were among 11 partner and MD-level promotions at the firm.
1 min read · 14 February 2019
Liquid Stock has raised a $150m fund aimed at employees of private companies, using a part-debt/part-equity strategy.
3 min read · 12 February 2019
The promotions of Jarrett Vitulli and Rodney Reid bring the total number of partners within the private capital advisory group to three.
1 min read · 05 February 2019
The firm has raised more than 40% of the target for Fund VIII as a raft of secondaries firms seek capital for the strategy.
2 min read · 31 January 2019