Stapled deals and restructurings can fall through for many reasons, but it’s often related to pricing that’s too low and LPs who don’t feel the need to sell.
4 min read · 09 October 2015
The firm, which manages investments of non-profit organisations, hired Chris Anderson earlier in the summer to focus on secondaries and recently appointed Chris Willoughby as new CIO starting next week.
2 min read · 08 October 2015
As restructurings and stapled deals become more mainstream, very large funds and Asian funds will provide more deal flow for such transactions, according to speakers at the British Private Equity and Venture Capital Association Summit 2015 in London on Thursday.
1 min read · 08 October 2015
The London-based secondaries firm appointed Clifford Meijer, who comes from Thomas Weisel Partners Group.
1 min read · 08 October 2015
BAE Systems’ pension fund achieved a high price for its stake in DeAWM-managed RREEF Pan-European Infrastructure Fund, according to a source close to the deal.
2 min read · 08 October 2015
The fund and Neuberger Berman will continue to have joint discretion on co-investments and secondaries investments for another 3 years starting in August 2016.
2 min read · 07 October 2015
New OECD rules that would restrict interest payments being deducted against tax include an exemption for ‘public benefit projects’
2 min read · 07 October 2015
This is the 12th office for the Paris-based firm, which is building a local team to focus on fund of funds relationships, and direct, infrastructure and private debt investments.
2 min read · 07 October 2015
The Spanish asset manager, which invested €65 million in nine secondaries transactions in 2014, will make sporadic secondaries purchases with its latest VC fund of funds.
2 min read · 07 October 2015
Although high start-up valuations are making direct secondaries investments more challenging, they are also making the exit environment more attractive, explains Zach Abrams, managing partner at Stratim Capital, which provides liquidity to shareholders and venture capital investors in privately-held companies.
4 min read · 06 October 2015
