Funds set up to allow sponsors to hold assets for longer typically must satisfy both an IRR and MOIC hurdle, research from law firm Paul Hastings has found.
3 min read · 20 April 2022
The 2021 annual advisory reports cover more facets of the market than ever. Here are some interesting findings, compiled by Secondaries Investor.
3 min read · 28 February 2022
The moves come three years after the LP representative body issued its initial guidance on GP-led fund restructurings.
2 min read · 08 February 2022
Sizeable closes from Coller Capital, LGT Capital Partners and others anchored fundraising in a year when many players entered the growing market.
1 min read · 01 February 2022
Single-asset deals accounted for 52% of sponsor-led deals by volume in 2021, up from 38% the year before, according to the adviser’s annual survey.
2 min read · 31 January 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
While GP-led deals managed to retain their dominance over LP deals by a thin margin, both halves are poised for continued growth this year.
3 min read · 19 January 2022
In the absence of market mammoths, firms raising for once-niche strategies such as concentrated-asset deals and preferred equity populated this year’s list.
3 min read · 28 December 2021
As private equity secondaries become more commonplace, a clear rationale for the value a transaction creates is key.
2 min read · 15 December 2021
