Almost all LPs who responded to PEI’s Brexit survey said they were not considering selling stakes in UK or Europe-focused funds.
2 min read · 20 July 2016
The investment bank took two months to surpass the halfway mark for its $5bn secondaries fund that will focus on buyout and distressed strategies in developed markets.
1 min read · 20 July 2016
While more aggressive financing structures such as payment-in-kind notes may be off the table, deals are ongoing, experts say.
2 min read · 20 July 2016
The city state is one of three Asia-Pacific countries that are expected to provide increasing LP portfolio dealflow, Jason Sambanju told Secondaries Investor.
1 min read · 19 July 2016
The majority of secondaries and fund of funds respondents to a recent survey by Investec said that while they use debt, they don’t need it to be competitive.
2 min read · 19 July 2016
The firm expects steady early secondaries dealflow thanks to opportunistic sellers, succession planning issues and allocation changes, according to managing director Roland Reynolds.
2 min read · 19 July 2016
The firm has completed a management review prompted by former chief executive Tim Jones’ sudden departure in January, opting not to replace him.
2 min read · 18 July 2016
Sir Peter Westmacott, the British Ambassador to the US from 2012-2016, joins the London-based firm as it seeks to grow its North American business.
1 min read · 18 July 2016
Florida’s State Board of Administration has committed more than $1bn to secondaries vehicles since 2010. Secondaries Investor caught up with John Bradley, senior investment officer at the $180bn pension, about why it lowered its allocation target and how LPs see secondaries.
1 min read · 18 July 2016
Secondaries fundraising hit a post-crisis high in the first half of the year, but the expanding market can take it, say investors.
3 min read · 15 July 2016
