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
The proportion of stakes sold by public pension funds tripled between the first half of last year compared with the first half of 2015, according to a report.
2 min read · 10 August 2015
