Average bids for so-called unicorns will fall by 10 percentage points following a year of ‘unrealistic’ valuations, according to a report by the advisory firm.
2 min read · 17 January 2017
Andrew Rich’s departure is the second since October from the direct secondaries pioneer as it shifts its focus to private credit.
2 min read · 11 January 2017
The definition of secondaries is expanding, as large-cap managers use annex fund commitments and other alternative investments to manage assets, according to the investment bank.
3 min read · 11 January 2017
The Nordic direct secondaries firm had built up a 55% stake in Movimento, which counts GM, Fiat Chrysler and Volvo among its customers.
2 min read · 10 January 2017
The global asset manager will begin investing Secondary Opportunities Fund IV this quarter, once SOF III is 100% deployed.
2 min read · 06 January 2017
The Boston-headquartered firm’s round of promotions comes a month after it closed its oversubscribed secondaries fund Dover Street IX on $4.8bn.
2 min read · 27 December 2016
Private real estate secondaries has grown exponentially as an institutional marketplace in recent times. But next year could see a change, say the participants at sister publication PERE’s second annual secondaries roundtable.
6 min read · 20 December 2016
The direct secondaries specialist has purchased a 50% share in a collection of properties that include the building that houses the London Stock Exchange.
2 min read · 16 December 2016
Jonathan Sibilia was appointed to the position at the venture capital investment firm in early December.
2 min read · 14 December 2016
Equidate was charged for failing to register security-based swaps in a case that has implications for direct secondaries.
2 min read · 13 December 2016
