Doug Cruikshank talks with senior editor Toby Mitchenall about the growing asset class: how it works, who it works for and what he thinks it can do for sponsors during an economic slump.
1 min read · 24 March 2020
The deal was used to seed the $440m debut credit fund of Angel Island Capital.
2 min read · 18 March 2020
Angel Island Capital raised $440m for its debut third-party capital fund from a mix of secondaries and primary investors.
2 min read · 10 March 2020
Dividend recaps and back-levered preferred equity are among the trends to emerge in the past year, according to a survey obtained exclusively by Secondaries Investor.
2 min read · 24 February 2020
The 10 largest secondaries funds in market are targeting a combined $70.5bn, compared with $39.45bn being sought by the largest debt funds, Secondaries Investor data show.
2 min read · 28 November 2019
There are signs that a big potential source of dealflow may be starting to develop in the private debt market.
3 min read · 31 October 2019
Secondaries is a strategy open to several hidden risks and investors need to be aware of potential pitfalls.
3 min read · 12 September 2019
Credit and distressed funds accounted for 20% of GP-leds deals in H1, according to data from Greenhill.
2 min read · 19 August 2019
Richard Golaszewski, an almost decade-long veteran of the Japanese banking giant, has left to pursue a new opportunity.
1 min read · 12 June 2019