Secondary funds outperform direct funds in terms of net IRR, according to Capital Dynamics.
2 min read · 24 August 2014
Leverage ratios and secondary market volume have little effect on real estate pricing discounts, according to research from Consilia Capital.
2 min read · 24 August 2014
GPs in Asia face difficulties in creating value as regional GDP growth slows, which could mean increased opportunities for secondaries firms.
2 min read · 18 August 2014
Non-traditional secondaries sellers are becoming an increasingly important source of activity, according to Setter Capital.
1 min read · 10 August 2014
The average high bid price for LP fund stakes was 98 percent of NAV during the first half of the year, according to NYPPEX data.
1 min read · 07 August 2014
Unrealised value in tail-end funds totals $345bn, which means there’s room for further growth in the expanding direct secondaries market, according to NYPPEX.
2 min read · 04 August 2014
Buyers need to understand how to mitigate risks such as alignment and asset allocation when acquiring LP fund interests.
2 min read · 03 August 2014
The top 100 alternative investment managers now have over $3.3tr in assets under management, according Towers Watson.
2 min read · 20 July 2014
Transaction prices rose across all alternative investment strategies during the first half of 2014, with buyout pricing leading the way and reaching 100% of NAV.
2 min read · 20 July 2014
Secondaries transaction volume reached $17bn for the first half of the year, making the market very seller-favourable, according to Cogent Partners managing director Todd Miller.
1 min read · 16 July 2014