Jonathan Gray’s contention, that discounts on LP portfolios could increase, runs contrary to the trend this year of strengthening pricing.
2 min read · 23 October 2023
The sale is being run in steps, with the first round of about $500m recently closed.
2 min read · 04 October 2023
The teachers’ pension portfolio is among several that have moved through the market this year, helping to drive secondaries volume even as activity on the GP-led side of the market remained muted.
2 min read · 02 October 2023
The transaction marks the fourth transaction from ICG LP Secondaries Fund I, Secondaries Investor understands.
2 min read · 27 September 2023
The deal is understood to be Partners Group’s largest secondaries deal on a total adjusted commitment basis.
3 min read · 25 September 2023
LPs are facing a difficult choice as they balance liquidity challenges with the deep discounts on offer in the secondaries market.
5 min read · 05 September 2023
Generative artificial intelligence is being applied to private markets at breakneck speed. The biggest hurdle to applying these software tools to LP secondaries trades is the market’s lack of standardisation.
10 min read · 04 September 2023
There’s an interesting dynamic playing out in the secondaries market that suggests LPs’ thinking about how to manage their portfolios is evolving.
2 min read · 27 July 2023
The process is part of a surge of LP portfolios that have hit the market this year as institutions look for ways to generate liquidity and rebalance their exposure to the asset class.
3 min read · 24 July 2023
Recent weeks have seen a surge of LP portfolio sales that some believe will swell into a wave of transactions.
3 min read · 26 June 2023