Closing deals in this environment is challenging, with wide bid/ask spreads and syndication issues.
3 min read · 12 April 2023
The transaction follows another lead position for Montana on a €146m single-asset vehicle last year.
1 min read · 05 April 2023
The firm is seeking 25-50% more for its latest offering compared with its debut vehicle, Secondaries Investor has learned.
1 min read · 23 March 2023
The offering will combine JPMorgan’s investment banking services and Campbell Lutyens’ global placement and secondaries advisory platform, the two firms tell Secondaries Investor.
3 min read · 21 March 2023
LP portfolios accounted for close to half of the roughly $106bn in volume last year, according to the advisory firm and placement agent’s 2023 Secondary Market Overview.
4 min read · 02 March 2023
The team behind the market’s biggest dedicated GP-led fund has a reputation for being clear, efficient and an intermediary’s dream via its ‘sole buyer’ strategy.
9 min read · 02 March 2023
As the bank brings its latest GP-led fundraise to a close on $2.5bn, Nash Waterman, head of private equity secondaries, says the opportunities it sees in the sprawling mid-market are ‘enormous’.
3 min read · 21 February 2023
Single-asset continuation funds comprised around 40% of GP-led secondaries volume in 2022, down from 52% the prior year, according to Lazard’s Secondary Market Report 2022.
4 min read · 14 February 2023
Inventory flowing into the market is expected to drive volume beyond the estimated $103bn total for 2022.
3 min read · 07 February 2023