Blackstone’s secondaries manager has increased its stake in an almost two decade-old buyout fund.
2 min read · 14 July 2015
Fund restructurings have become a common occurrence in the secondaries market. Jeff Hammer and Paul Sanabria, managing directors and co-heads of the illiquid financial assets practice at Houlihan Lokey, explain what makes a GP a good candidate for a fund restructuring and how to ensure that LPs are getting the best possible deal.
4 min read · 14 July 2015
The Los Angeles-based investment bank, also an advisory firm in the secondaries market, plans to offer $100m in common stock and to list on the New York Stock Exchange.
1 min read · 13 July 2015
Bego has left the the New York-based secondaries house after a decade and executing more than 90 deals.
1 min read · 13 July 2015
The fund is currently in the midst of fundraising and is targeting $2.5bn.
1 min read · 13 July 2015
The fund of funds arm of The Carlyle Group has bought a stake in one of its parent company’s Asia-focused funds.
1 min read · 13 July 2015
The announcement by the California Public Employees’ Retirement System that it plans to sell $3 billion-worth of real estate fund stakes comes at an opportune time for secondaries buyers and intermediaries who have been building teams and raising new dedicated funds targeting the sector.
4 min read · 10 July 2015
Increased competition is prompting secondaries firms to find new ways to maintain returns, including using leverage and participating in restructurings, according to Sunaina Sinha from Cebile Capital.
2 min read · 10 July 2015
The preferred equity specialist beefs up its investment team with a secondaries and private debt expert in London.
1 min read · 10 July 2015
Amid huge shake-ups in management, the Swiss firm is adding to its secondaries team in London.
2 min read · 09 July 2015
