Co-Investment

Investors are putting more resources towards shorter hold secondaries and co-investments, according to Mercer’s head of European infrastructure Julia Schiffer.

The institution is looking to boost its infrastructure exposure and eyeing further opportunities in private equity and real estate secondaries, says founder and CEO Antoine Prudent.

The investment manager for Denmark’s Novo Nordisk Foundation put capital into a private equity continuation fund in Asia last year alongside KKR, Amit Kakar tells Secondaries Investor.

The Danish retirement scheme favours indirect over direct investment in secondaries and has made commitments to all five infra secondaries vehicles managed by Pantheon, infrastructure funds head Mikkel Kjaersgaard tells Secondaries Investor.

The secondaries market is increasingly used to reconcile competing investor objectives with a broadening base of investors flocking to the asset class. These developments are permanent.

Mid-life investments can offer a solve to generate liquidity and realisations, stepping into the place of CV deals that can be complicated where co-investors have backed an asset, Neuberger’s head of European PE Joana Rocha Scaff says on the latest edition of PEI Group’s Commitment Issues podcast.

Rising retail flows offer a new exit route for infra assets, but they also create their own issues, infrastructure fund investment head Kate Roscoe tells Secondaries Investor.

Our inaugural survey takes the temperature of LP, GP, buyer and provider attitudes towards this fast-growing market.

Secondaries Investor’s inaugural survey of LPs, secondaries buyers, GPs and advisers offers a complete view of the market and the direction it’s heading in. Conducted in partnership with Goodwin.

The vehicle will invest in a variety of strategies, including secondaries.