The firm invested $16.8bn across 27 secondaries deals last year, more than 4.4x the amount it invested the prior year.
2 min read · 14 September 2022
An incentivised management team is crucial to ensuring ultimate success in GP-led secondaries deals.
5 min read · 14 September 2022
The departure of Jake Stuiver comes five months after that of Mike Custar, the founder of M2O’s secondaries business.
2 min read · 13 September 2022
Finding the pricing sweet spot to satisfy sponsors, buyers and LPs is tougher than ever in today’s market.
3 min read · 13 September 2022
Buy-and-build specialist Stone-Goff has closed a single-asset process on John Staurulakis, a provider of broadband services.
2 min read · 12 September 2022
Conflicts of interest can arise within the LP base as LPACs act in their own interest, not in the interest of the fund.
3 min read · 12 September 2022
For the GP, internal alignment is another opportunity to manage team dynamics. Third parties will want to see that the right people participate in the economics.
3 min read · 08 September 2022
Kevin Nowaskey left the investment bank two months ago, having joined in the spring, Secondaries Investor understands.
1 min read · 07 September 2022
Some sponsors are still able to drive aggressive terms in GP-led deals, though perhaps not for much longer.
3 min read · 07 September 2022
As an increasing number of sponsors turn to secondaries processes, doubts are being raised about the market’s building blocks. Just how aligned is the secondaries market today?
2 min read · 07 September 2022