Stapled deals, such as Palamon’s recent transaction involving three of its funds, increased during H1 2015, according to a report by Setter Capital.
1 min read · 30 August 2015
The use of debt is allowing buyers to remain competitive when bidding on large fund stakes, and this has driven up pricing, according to latest research by Setter Capital.
2 min read · 24 August 2015
While average pricing remains stable, the split in pricing between high-quality funds and lower-quality funds is becoming larger.
2 min read · 19 August 2015
The average net IRR for secondaries funds in the first quarter was down but long-term returns remain flat.
1 min read · 18 August 2015
Sentiment in the secondaries market could turn sour in the fourth quarter, so NYPPEX recommends buyers adopt a more hands-on approach to maintain returns.
2 min read · 18 August 2015
Buyers in the secondaries market expect the value of funds to stabilise in the second half of this year, according to a report by intermediary Setter Capital.
1 min read · 17 August 2015
Most of the volume was driven by large players and transactions of more than $600 million. Energy and real estate transaction volume was down.
2 min read · 17 August 2015
The majority of zombie funds focus on North America, with buyout as the main strategy, according to PEI’s Research and Analytics division.
2 min read · 11 August 2015
Secondaries funds can give UK pension funds quick access to accelerated liquidity, instant diversification and high-quality managers, according to Cambridge Associates.
2 min read · 11 August 2015
CVC, Apax and EQT occupied the top spots, while a London-based private equity giant dropped out of Setter Capital’s 2015 Q2 rankings.
2 min read · 10 August 2015