Buyers were reluctant to price deals off September NAVs, which contributed to the decline in deals, according to the advisory firm’s Q1 report.
1 min read · 12 April 2016
Two-thirds of last year’s secondaries deal volume was conducted through an intermediary, a 12% rise from the previous year, according to a Setter Capital survey.
1 min read · 11 April 2016
Associates at Latham & Watkins receive £107,000 on average, according to the list, which includes firms with secondaries operations such as Hogan Lovells.
2 min read · 06 April 2016
The firm estimates there is about $55bn of dry powder in the secondaries market, up from $49bn a year earlier.
1 min read · 04 April 2016
Median high bids for buyout stakes rose to par in the second half of last year, according to a report by Elm Capital that analysed its own dealflow.
2 min read · 27 March 2016
Sales of stakes in funds of funds also increased as LPs moved to direct fund investments or segregated accounts, according to a report by Elm Capital.
2 min read · 21 March 2016
Most strategies saw a dip in fundraising last year compared with a year earlier, with growth funds also experiencing a similar level of decline.
1 min read · 14 March 2016
Fund of funds and secondaries strategies are the second most popular this year, accounting for 22.8% of the capital committed so far.
1 min read · 07 March 2016
Private equity was third behind venture capital and private equity real estate, according to the NACUBO-Commonfund Study of Endowments.
2 min read · 01 March 2016
The bank’s private equity fund interests were valued at $5.4bn, a 14% drop from the end of 2014.
2 min read · 01 March 2016