Secondaries

The tariff uncertainty may lead to ‘extended timelines’ in dealmaking as buyers and sellers digest the impact, according to a report from Campbell Lutyens.

Here are responses from industry thought leaders including Goldman Sachs, Carlyle, Apollo and NYCRS across areas such as dealmaking, fundraising and secondaries.

The secondaries market is shrouded in uncertainty after this week’s volatility. There are, however, reasons to remain upbeat over the longer term.

Amid the widespread adoption of continuation funds, an LP’s ability to roll into a fund is becoming more important.

While fundraising figures in the first quarter were lofty, most of the capital raised came from Ardian’s record-breaking close in January.

The €250m CV for biogas company Grupo Gestcompost is the largest transaction of its kind for Barcelona-headquartered Suma Capital.

While there was a flurry of LP-led activity in Q1, much of this was driven by processes that fell into the new year from 2024, according to panellists at a BVCA secondaries summit last week.

The infra secondaries market saw $40bn to $45bn of potential dealflow last year, attendees at PEI Group’s Infrastructure Investor Global Summit heard.

Andrew Ward joins Mike Catts as one of two partners in the firm’s New York office.

Stafford plans to allocate 80% of its latest $1bn+ timberland fund to secondaries, chief executive Angus Whiteley told Secondaries Investor.