Secondaries

Ardea Partners taps MD from PJT for secondaries advisory

The move marks the latest in a string of people moves across advisory and buyside players.

Moelis builds out LP-led secondaries with team from Evercore

An Evercore vice-president joins as managing director and will lead the construction of Moelis’s LP-led secondaries business with three others, Secondaries Investor understands.

Changing with the market

Introducing Secondaries Investor’s new and improved Advisory and Law Firm surveys – a more granular way of tracking an increasingly sophisticated marketplace.

Summer reads: Buyers’ best picks

Secondaries Investor’s list of buyers’ top book and podcast recommendations offers something for everybody to enjoy on this year’s vacation.

Patria’s Knechtli: Secondaries dealflow continues to unlock as DPI issues persist

The firm’s focus on smaller-size secondaries has helped differentiate its latest secondaries fund – which recently closed on $677m ahead of its target – from peers, head of secondaries Patrick Knechtli told Secondaries Investor.

Eurazeo surpasses target for its largest-ever secondaries vehicle

The €2.3bn Fund V has raised more than double the amount of its 2021-vintage, €1bn predecessor.

The art of self-governance

There’s reasons on all sides to settle on market practice when it comes to continuation vehicle guidance – lest regulators decide it for you.

BCI seeks ‘good returns’ from newly launched capital solutions strategy

While more LPs are participating directly in CVs and secondaries transactions, such investors remain ‘the exception, not the norm’ in the market, according to BCI’s global head of PE.

Secondaries investors grow more comfortable with fund financing in CVs

Secondaries buyers are increasingly asking advisers to source fund financing for CVs to optimise returns, according to a speaker at the European Fund Finance Symposium.

From ‘status quo’ to ‘remain in place’: ILPA updates CV guidance for an evolving market

The industry body’s prior guidance was ‘silent on a lot of things’, chief executive Jennifer Choi tells Secondaries Investor.