Early estimates for first half activity show secondaries transaction volume is off to a slower than anticipated start this year; yet, the market is expected to pick up some of the shortfall.
2 min read · 20 July 2023
Pantheon Global Infrastructure Fund IV’s target, capital raised so far and deal log were disclosed in a presentation to a US pension this week.
2 min read · 20 July 2023
If it reaches its target, Clipway Secondary Fund would be one of the largest debut funds from a spin-out or newly established firm.
2 min read · 18 July 2023
Activity has slowed compared with last year’s figures, when the market saw $54bn of volume in the first half.
2 min read · 17 July 2023
The departure comes two years after the complex secondaries specialist agreed to be acquired by PGIM, the asset management arm of insurance company Prudential Financial.
1 min read · 14 July 2023
The asset class needs to modernise and confront the tension between assets’ long lives and different investors’ liquidity needs.
3 min read · 13 July 2023
The transaction is the second the UK-headquartered buyout firm has closed this year after its single-asset process involving SERB.
2 min read · 13 July 2023
Healthcare-related assets make up a significant chunk of potential dealflow in the GP-led secondaries market given the sector’s characteristics and outlook.
4 min read · 13 July 2023
Featuring three assets from its first fund, the new vehicle closed oversubscribed and with an all-new group of investors.
4 min read · 10 July 2023
Industry veteran Dee Dee Sklar will help the firm with its credit arm.
2 min read · 10 July 2023