The lack of liquidity has made the market tricky to negotiate so far, according to Chris Ailman.
2 min read · 29 May 2018
The fundamental building block of the LP-GP relationship is changing, and secondaries is one of the factors driving that change. Three lawyers discuss end-of-life terms and control over stake sales in this extract from a roundtable in sister publication pfm.
3 min read · 27 May 2018
The secondaries giant is speaking to investors about ASF VIII, Secondaries Investor has learned.
1 min read · 24 May 2018
With the advent of the fundless GP-led deal, traditional GP-led restructurings are so 2017.
2 min read · 24 May 2018
Scott Conners, former co-manager of Landmark’s private equity team, discusses the role that tempted him out of retirement.
3 min read · 24 May 2018
Secondaries are part of the sovereign wealth fund’s bid to increase its alternatives exposure by 5% over the next two years.
1 min read · 24 May 2018
Subsidiary Azalea Asset Management had been acquiring stakes on the secondaries market with the intention of using them in its Astrea IV collateralised fund obligation.
2 min read · 23 May 2018
A huge stapled secondaries deal last April set sovereign wealth fund Mubadala on the road to being a third-party fund manager, but what has it done with the capital?
2 min read · 23 May 2018
The use of debt to delay capital calls saw HVPE’s distributions outweigh investments last year.
2 min read · 22 May 2018
Public Officials Benefit Association, which has $9.2bn under management, is putting aside an initial $150m for primaries, secondaries and coinvestments.
1 min read · 22 May 2018