The portion of LPs looking to back secondaries funds is only increasing as investors seek ways to turn negatives into positives in the current crunch.
3 min read · 22 June 2023
Secondaries funds of vintage 2019-21 will see significant impacts on their internal rates of return, Vincent Gombault has warned.
2 min read · 23 May 2023
A fundamental shift in capital markets is forcing many institutional investors to rethink their portfolios, creating a perfect storm for the resurgence of investor-led secondaries.
8 min read · 16 May 2023
LP sales were expected to kick off a resumption of robust secondaries activity after a slowdown late last year, with external factors such as the collapse of Silicon Valley Bank keeping activity muted.
2 min read · 08 May 2023
PEI’s annual investor survey indicates that LPs aren’t rushing to exit every deal, but they do expect third-party valuations.
3 min read · 13 March 2023
LP portfolios accounted for close to half of the roughly $106bn in volume last year, according to the advisory firm and placement agent’s 2023 Secondary Market Overview.
4 min read · 02 March 2023
Investment officer Pushpam Jain says the pension’s exposure to commodities alerted it to opportunities in farmland markets it had tracked since 2018, which ultimately led to more than $500m in TIAA secondaries deals.
3 min read · 28 February 2023
The 2018-vintage Global Growth Fund III has invested in companies including SHEIN, Bytedance and crypto exchange FTX.
2 min read · 23 February 2023
The LP portfolio sale was among a slew of such deals launched since last year that managed to close despite pricing uncertainty and hesitation among LPs to sell at discounts.
2 min read · 15 February 2023
Buyers are increasingly splitting out their fund strategies as institutional investors seek specific risk/reward categories for secondaries.
5 min read · 01 February 2023
