Western Europe

The general management team comprises five senior executives, including president Dominique Senequier.

The placement agent and secondaries advisory firm this week confirmed the hire of Adrian Siew in New York as co-head of the firm’s GP Solutions business.

The use of deferred payments is increasing as sellers and buyers seek mutually beneficial ways to bridge deals.

Such deals – where the sponsor retains exposure to an asset – can simplify the exit process via an external buyer determining the valuation.

LPs are facing a difficult choice as they balance liquidity challenges with the deep discounts on offer in the secondaries market.

Rather than wait out overallocation, LPs have headed to the secondaries market to continue their investments into private assets. The opportunities, however, far outstrip demand.

Ardian’s Wilfred Small and Arnaud Mercier speak with Secondaries Investor about Ardian’s artificial intelligence platform and where AI’s limitations are in private markets.

The financing tool sidesteps the bid-ask spread – an issue that can sometimes put potential secondaries sales on ice.

Guests from PEI Group’s 2023 list of influential women in alternatives including Evercore’s Lea Lazaric Calvert and Morningside’s Tori Buffery reflect on the past decade in private markets, and analyse the current challenges facing the industry.

The survey, which compiled responses from 101 senior buyout, growth, private debt, VC, real estate and infrastructure executives globally, found that most GPs observed their LPs had interest in such options.