The number of funds coming to market openly offering discounts for early-bird commitments or big ticket sizes is dropping, according to research seen by sister title Private Equity International.
2 min read · 03 December 2020
The rise of GP-led deals has highlighted the importance of liability protection, bringing warranty & indemnity insurance into the secondary market, say insurance broker Lockton and law firm Akin Gump.
4 min read · 25 November 2020
Proskauer advised on $20.9bn of secondaries deals last year, one of the most active law firms in the market.
1 min read · 05 November 2020
The law firm advised on more than 150 secondaries transactions in 2019 with a value of $17.5bn, according to Secondaries Investor’s annual law firm survey.
1 min read · 29 October 2020
Clarity on withholding tax issues for non-US investors means secondaries trades can now be conducted with greater ease, write Macfarlanes’ James McCredie and Florence Barnes.
4 min read · 27 October 2020
Negative headlines are causing some LPs to review their relationships with Vista Equity Partners and Apollo Global Management. This has implications for the secondaries market.
3 min read · 22 October 2020
Elliot Weston, head of UK Tax and partner at Hogan Lovells, lays out the effects on buyers and sellers of LP fund stakes and what to expect from the proposed changes to stamp duty.
5 min read · 21 October 2020
Four Kirkland & Ellis secondaries lawyers have been promoted to partner out of 15 across the investment funds team worldwide.
1 min read · 05 October 2020
The deal involving Medicxi was based around six assets and completed at a premium to NAV, co-founder Francesco De Rubertis told Secondaries Investor.
2 min read · 23 September 2020