Secondaries

Mercer acquisition brings ‘missing link’ to AltamarCAM

AltamarCAM’s secondaries capabilities were particularly attractive at a time of heightened interest in liquidity, Mercer’s Michael Dempsey tells affiliate title PEI in a Q&A alongside Jose Luis Molina.

Japan secondaries shop to close debut fund near hard-cap

RGCM Fund I will have the flexibility to invest in both direct secondaries and primary funding rounds.

TPG seeks to re-establish Japan PE presence, adds secondaries professional

The firm is undertaking multi-asset expansion in the country that includes TPG NewQuest’s first Japan-based secondaries hire.

ADIC shops $2bn-plus portfolio of fund stakes

Private markets comprise around 61% of Abu Dhabi Investment Council’s investment portfolio.

Secondaries’ most methodical sellers: the buyers themselves

A number of secondaries players have brought sales to market over the past 15 months – what sets them apart from other LPs is their disciplined approach to selling.

Ares leads on two European mid-market CVs

Fremman’s fund for nursery operator Kids Planet is over £400m in size, while MCH has raised €300m for a vehicle to house a frozen baked goods asset, Secondaries Investor understands.

Technology moves down the list of favoured CV sectors – Houlihan Lokey

The investment bank is seeing a boost in interest in other sectors as the secondaries market reacts to tech disruption, managing director Michael Pilson told Secondaries Investor.

Former CVC MD Jonathan Au joins Revelation Partners

Secondaries Investor had reported that Jonathan Au had departed CVC in June last year, having joined the firm in 2021.

Credit secondaries: What’s in it for buyers?

A valuable product at a discount, eliminating the J-curve and a chance to exploit inefficiency are among buyers’ priorities.

Maine outlines plan for cutting private equity target, GP relationships

The pension fund is set to make its second cut to its PE target in four years, with the LP suggesting it may make secondaries sales in specific scenarios.