Secondaries

Is UK regulatory scrutiny a competitive disadvantage for secondaries deals?

The real challenge appears operational rather than structural from a geographical standpoint, writes Winston & Strawn’s Yulia Makarova.

Impact-focused CVs require added layer of diligence – NPM Summit

Impact-focused LPs may use CVs to ‘lock’ the impact mission of companies, according to panellists at PEI Group’s Impact Investor Global Summit.

Seine Capital closes debut fund above target

The firm, which was founded by Mantra Investment Partners’ former head of secondaries, Fabrice Moyne, exceeded the vehicle’s target by 20%.

Frontenac gears up to sell CV asset MCE

Churchill Asset Management and 50 South Capital co-led the CV to extend Frontenac’s hold of the industrials asset.

CBRE IM: Platform-level real estate secondaries enter the mainstream

Global real estate secondaries transaction volume increased last year, with larger-scale liquidity structures a growing feature of the market, per the manager’s latest research.

The CV blueprint expands

Secondaries Investor’s latest CV deal log shows activity broadening across segments, transaction types and asset classes.

ICG delays launch of mid-market Strategic Equity fund

The firm’s current fund, Strategic Equity Fund V, raised $11bn last year and is the biggest dedicated fund for backing continuation vehicles.

StepStone to adjust fee rates in flagship secondaries funds

The firm will lower fees during funds’ investment periods and then increase them after the period, according to head of strategy Michael McCabe.

Pantheon’s Hassanally: Debut CFO unlocks secondaries for constricted investors

The manager’s $1bn CFO created access for insurance investors that had lost the ability to back PE, while offering a compelling capital raising strategy for the firm itself.

Cari Lodge’s Aqualis sets target for debut secondaries fund

Aqualis’ offering will focus on what the firm sees as an underserved part of the secondaries market: smaller transactions.