The level of dry powder for secondaries sits at $94bn, up year-on-year and a slight decrease from the $105bn available for deployment at the end of 2021, according to Evercore’s H1 Secondary Market report.
4 min read · 16 August 2022
The New York-headquartered firm surpassed its $2bn target for Pomona Capital X, which is 44% larger than its predecessor.
2 min read · 12 August 2022
Any attempts to streamline the GP-led process should provide guardrails, write Maurice Gindi, Kenneth Blazejewski and Sophie Smith from law firm Cleary Gottlieb.
4 min read · 10 August 2022
Capital raised for secondaries fell 30% to $31.2bn in the first half of 2022, according to data compiled by Secondaries Investor.
2 min read · 09 August 2022
Robert Emerson joins from Kirkland & Ellis, where his clients included Whitehorse Liquidity Partners, Vista Equity Partners and Two Sigma.
2 min read · 08 August 2022
Buyers are showing greater manager selectivity but are willing to pay for quality, a Palico spokesperson said.
2 min read · 05 August 2022
The €21bn transaction is the second large recap the firm has done in five months that utilised little or no secondaries capital.
2 min read · 22 February 2022
Large recapitalisations and a rebound in LP portfolio transactions drove real estate secondaries to the highest mark yet.
2 min read · 26 January 2022
The White Plains-based adviser has promoted four as its LP business comes up on a full year of operation.
2 min read · 11 January 2022