The asset manager of Europe’s largest pension fund has bought another stake in the US real estate giant’s fund.
1 min read · 25 June 2015
Whether for acquiring portfolios, ensuring the efficient use of investor equity, or for returning value to investors, secondaries participants are increasingly viewing debt as part of their strategic mix, explains Simon Hamilton, head of Investec Fund Finance.
5 min read · 24 June 2015
The fund, Partners Group Global Real Estate 2014, is targeting $1bn and plans to make 25% of its investments in real estate secondaries.
2 min read · 24 June 2015
JB Hayes, director of private markets at wealth management firm CTC/MyCFO, has been recommending his high net worth clients curb their investments in secondaries as pricing has reached new highs.
2 min read · 23 June 2015
The London-based preferred equity specialist adds two secondaries experts to the investment team as deal flow increases.
1 min read · 23 June 2015
Secondaries funds generated a pooled net IRR of 2.04 percent during the period.
2 min read · 22 June 2015
With strong deal flow and high pricing expectations, demand for direct secondaries is robust, but the market also tends to reflect a disconnect to the fundamentals, according to Hans Swildens, chief executive and founder of Industry Ventures.
3 min read · 22 June 2015
While fewer secondaries funds were being raised in the first quarter, the number of mezzanine and debt funds seeking capital has increased hugely in the past year, according to data released by PEI’s Research and Analytics division.
2 min read · 22 June 2015
Discounts don’t necessarily lead to outperformance. So why are so many market participants fixated on them?
3 min read · 19 June 2015
This is the second exit through an IPO this year for the direct secondaries firm, which has had eight exits in the last 12 months.
2 min read · 19 June 2015
