The firm has been building out its EMEA secondaries firepower in recent months with hires from Kirkland & Ellis and now Fried Frank.
1 min read · 28 April 2022
A robust process is vital to any GP-led transaction, say Proskauer’s Howard Beber and Warren Allan in this sponsored Q&A.
7 min read · 23 March 2022
While GP-led clauses in fund agreements are not a silver bullet, certain LPA provisions could help GPs and LPs better navigate these transactions should they arise.
8 min read · 22 March 2022
At least one LP reports intention to divest from NCH Capital’s Russia and Ukraine-focused agribusiness investments as quickly as possible.
3 min read · 15 March 2022
Pamplona Capital Management’s decision to ‘redeem’ holdings in its funds owned by an LP with ties to sanctioned Russian oligarchs shows stake disposals can come in unexpected ways amid the Ukraine crisis.
3 min read · 10 March 2022
The $71.6bn pension is undertaking a multi-year strategy to replace infrastructure and natural resource equities with private investments.
3 min read · 16 February 2022
Several recent single-asset secondaries deals have had their valuations set by earlier minority stake sales.
2 min read · 14 February 2022
Ardian acquired a majority of the portfolio, offloaded to crystalise returns after a fiscal year in which Harvard’s PE portfolio returned 77%.
2 min read · 15 October 2021
Double-down funds don’t pose an immediate threat to the continuation fund market, but they are a reminder of the need for secondaries funds to justify their fees.
3 min read · 07 October 2021
The deal, which involved buying fund stakes from Aberdeen Standard Investments, is the first of size for ICG’s LP funds team, led by two ex-Pomona executives.
3 min read · 06 September 2021