Secondaries

Co-investments and single-asset CVs offer investors ‘greater control’, partner Zach Jackson says.

The new head will spearhead liquidity solutions for the firm’s funds and oversee a range of semi-liquid fund strategies for the Denmark-headquartered infrastructure manager.

The new legislation will bring buyers’ offshore execution to an end, which under stamp duty came with its own grey areas in a digital age, Hogan Lovells Cadwalader’s Elliot Weston tells Secondaries Investor.

The GP-led market will become ‘indistinguishable’ from the sponsor-to-sponsor market over the next five years as PE firms seek to gain access to companies via CVs, one 2026 Next Gen Leader says.

New market entrants are seeking to pre-empt auction processes to ‘differentiate themselves’, according to Lazard’s Kevan Comstock.

Blackstone Strategic Partners anchored EQT’s new AI Infrastructure Fund. Once again, secondaries has created a blueprint for loftier goals.

Some institutions are expected to lean into equity-based strategies as they seek a new home for 2026 credit allocations.

Churchill, whose parent Nuveen Private Capital received backing from Temasek last year, and the Singaporean investor’s asset management platform Seviora formed the vehicle with collateral spanning PE and private credit, including PE secondaries.

The process comes three years after Onex first moved the tax services provider into a single-asset continuation fund.

The director reunites with Michael Wieczorek, who joined UBS to head its EMEA secondaries advisory unit late last year from DC Advisory.