Secondaries

Guests from PEI Group’s 2023 list of influential women in alternatives including Evercore’s Lea Lazaric Calvert and Morningside’s Tori Buffery reflect on the past decade in private markets, and analyse the current challenges facing the industry.

The survey, which compiled responses from 101 senior buyout, growth, private debt, VC, real estate and infrastructure executives globally, found that most GPs observed their LPs had interest in such options.

At a recent event focused on ‘the future of venture secondaries’, GPs and LPs shared the reasons they are so keen on the space.

Crown Global Secondaries VI was launched a year ago, Secondaries Investor data shows.

Tail-end specialist Willowridge Partners closed its latest flagship, Amberbrook IX, on $900m earlier this month.

A focus on secondaries can deliver strong advantages for new open-end private equity funds, writes Nadim Vasanji, a managing director at Northleaf Capital Partners.

There were 15 $1bn-plus LP-led portfolios brought to market in the first half of 2023, and market participants anticipate more LPs will follow suit. How many transactions will get over the line?

Secondaries professionals stressed in recent weeks that pricing has improved since late last year, and is expected to continue to strengthen.

Ahead of the release of affiliate title Private Equity International’s exclusive ranking of the biggest secondaries capital-raisers over the last five years, Secondaries Investor delves into the funds’ performance.

The adviser has so far hired a team of four from Credit Suisse as it outlines changes to its newly branded private capital advisory unit.