Buyers are proposing fresh ways of ensuring sponsors stay aligned, according to a panel at PEI’s Investor Relations, Marketing & Communications Forum.
2 min read · 20 April 2021
Assets slated for a secondaries deal periodically get snapped up by outside buyers before the deals can close, a risk that increases the longer such deals linger in the market without closing.
4 min read · 19 April 2021
East Coast technology and healthcare investor Riverside Partners increased its GP commitment by $4.25m to strengthen alignment.
2 min read · 25 March 2021
The swift growth of the secondaries market means it is a struggle to find people with the right skills and the pivot towards GP-led deals has added to this.
3 min read · 10 March 2021
Secondaries investors bought a portfolio of European tech assets off Eurazeo’s balance sheet, the latest in a series of strip sales by the manager.
2 min read · 11 February 2021
The number of sponsor-led secondaries coming to market this year is expected to be bolstered by fundraising delays, rising demand in China for US dollar commitments and a backlog of transactions.
5 min read · 08 February 2021
The process on Giza V was run by Asante Capital, which in June hired ex-Rede Partners secondaries head Yaron Zafir as a senior advisor.
2 min read · 19 January 2021
The two large GP-led deals are part of a shift in the secondary market away from traditional sales of fund stakes held by limited partners, to deals by GPs to manage assets held in older funds.
2 min read · 30 November 2020
Buyers who have shown interest so far include some traditional secondaries firms, sovereign wealth funds and insurance companies.
3 min read · 17 November 2020