Legal & Regulation

Evolving deal structures ramp up in law firms’ secondaries work

A snapshot of law firms’ secondaries work in 2018 by volume, deal count, strategy and more from Secondaries Investor’s annual survey.

A sneak peek at PEI’s upcoming secondaries roundtable

More mega-deals, the pros of a market downturn and how participants are dealing with limited resources – just some of the topics discussed at sister publication Private Equity International’s recent roundtable.

ILPA’s GP-led guidance comes with implementation challenges

Disclosure, the role of the LPAC and status quo options may make some GP-led restructurings unaligned with the industry body’s guidelines, according to Cleary Gottlieb.

GPs will be the biggest winners from ILPA’s guidance

Running a fund restructuring can be virgin territory for GPs; ILPA’s latest guidelines will be as helpful to them as it will to its members.

ILPA arms LPs with ‘best practices’ on GP-led fund restructurings

The Institutional Limited Partners Association’s guidance defines status quo options, minimum timeframes for LP decisions and recommends caps on deal expenses.

MJ Hudson’s head of private funds departs – exclusive

Ted Craig, a partner and secondaries specialist, has left the London-headquartered law firm and asset management consultancy.

Inside ILPA’s upcoming guidance on GP-leds

Secondaries Investor caught up with the industry body’s chief executive Steven Nelson for a sneak peek at its soon-to-be released GP-led secondaries best practices.

What we know about Norinchukin’s $5bn sale

Anyone doubting that Asia could provide meaningful secondaries dealflow should think again.

Akin Gump poaches two partners for London office

Daniel Quinn and Aleksander Bakic are joining the firm’s London office from O’Melveny & Myers.

Japan’s Norinchukin shops $5bn portfolio

The sale of the portfolio, which is largely unfunded, follows the banking giant’s February sale to buyers including Lexington Partners.