The deal gave investors in Avenue Capital Group’s 2011-vintage Europe Special Situations Fund II the option to sell their stakes at par or roll over into a new vehicle.
2 min read · 11 March 2019
Deal volumes so far this year point to a bigger first quarter than last year, according to advisor Triago.
2 min read · 20 February 2019
Interactive charts showing return expectations, drivers of pricing, use of leverage and other key points from Evercore and Setter Capital’s full-year reports.
2 min read · 29 January 2019
Buyout stakes trading at 10% premiums to NAV last year were ‘not uncommon’.
2 min read · 29 May 2018
The use of debt to delay capital calls saw HVPE’s distributions outweigh investments last year.
2 min read · 22 May 2018
In the second part of our series, Cyril Demaria, head of private markets at Wellershoff & Partners, examines the evidence that secondaries perform better than funds of funds.
3 min read · 10 January 2018
We round up the key takeaways from sister publication Private Equity International’s coverage of fund finance, such as that these lines arguably make the most sense for secondaries.
3 min read · 27 November 2017
The strategy suits both fledgling and mature portfolios – with caveats – says Cambridge Associates.
3 min read · 17 August 2017
Sponsors of secondaries and funds of funds should be mindful of several key issues that can arise when structuring and negotiating these financing arrangements, according to law firm Dechert.
4 min read · 24 July 2017
