Preferred Equity

In this podcast, Secondaries Investor’s Madeleine Farman, Adam Le and Hannah Zhang dig deeper into the latest advisory reports, discussing key trends seen last year and how this could translate into dealmaking this year.

$1trn in annual deal volume is achievable with upticks in secondaries trading in non-PE asset classes, NAV lending, preferred equity and GP stakes, according to Whitehorse Liquidity Partners’ founder.

The preferred equity specialist plans to complete five to 10 transactions annually, with each ranging from $100m-$750m in size.

The deal was one of several secondaries transactions that CPP participated in during the three months to end-September.

The appointments bring the firm’s headcount to 170 employees globally across its Toronto and London offices.

Whitehorse Liquidity Partners VI would be 13% larger than its predecessor, which closed on $5.3bn in July.

The promotions bring the number of team members elevated this year to 15.

Dan Nolan joins Warana Capital as head of origination for a recently closed fund that will provide loans and issue preferred equity within the alternatives industry.

The firm is understood to be pushing ahead with fundraising even amid the tougher environment.

The preferred equity specialist has grown rapidly since its formation in 2015.