Some LPs are feeling betrayed in fund restructurings because GPs are having to choose who they serve, the firm’s senior investment manager said.
2 min read · 28 November 2017
Regional differences are still palpable in attitudes to investing in the strategy, according to sister publication Private Equity International’s Perspectives 2018 survey.
3 min read · 27 November 2017
Cyril Demaria, head of private markets at Wellershoff & Partners, argues secondaries provide a false sense of security to investors and that the benefits of mitigating the J-curve may have been oversold to LPs.
4 min read · 24 November 2017
A sole buyer acquired two separate credit funds of funds as part of a clean-up in the bank’s private investment arm, Secondaries Investor has learned.
2 min read · 23 November 2017
Around 80% of the firm’s latest secondaries fund is invested in GP-led processes, according to chief executive Christophe Bavière.
2 min read · 22 November 2017
Timber Bay Partners, a secondaries firm founded by two Fort Washington executives, is seeking $200m according to a US Securities and Exchange Commission filing.
1 min read · 22 November 2017
A revamped internal structure, new business lines and a focus on separate accounts have helped the firm thrive in a tough market for funds of funds, says head of secondaries Wouter Moerel.
5 min read · 21 November 2017
Secondary Investments IV has a $20m hard-cap to stay within its niche, according to co-founder Sherif ElHalwagy.
1 min read · 20 November 2017
The fund of funds unit of Standard Life Investments closed its third secondaries fund in October. Secondaries Investor speaks to its head of secondaries about the fundraise, investor expectations and negotiating a ‘lumpy’ market.
3 min read · 20 November 2017
CalPERS is reviewing its strategy of consolidating PE commitments into fewer managers. What will that mean for the industry?
3 min read · 17 November 2017
