With pricing at an all-time high, some sellers on the secondaries market aren’t getting the prices they expect.
2 min read · 21 July 2015
The announcement by the California Public Employees’ Retirement System that it plans to sell $3 billion-worth of real estate fund stakes comes at an opportune time for secondaries buyers and intermediaries who have been building teams and raising new dedicated funds targeting the sector.
4 min read · 10 July 2015
Secondaries professionals also expect that returns will remain below 13% in the next three to five years, according to a recent survey.
1 min read · 08 July 2015
JB Hayes, director of private markets at wealth management firm CTC/MyCFO, has been recommending his high net worth clients curb their investments in secondaries as pricing has reached new highs.
2 min read · 23 June 2015
Discounts don’t necessarily lead to outperformance. So why are so many market participants fixated on them?
3 min read · 19 June 2015
Investors’ and GPs’ views on secondaries valuations are diverging, according to a survey from SEI.
1 min read · 16 June 2015
Pricing in the secondary market has begun to plateau but remains strong, despite a declining Euro and volatile oil prices, according to Greenhill Cogent’s first quarter secondary briefing.
1 min read · 05 June 2015
Navigating full pricing, the rise of restructurings and the use of seller financing in today’s booming secondaries market were among the topics debated recently in New York at a PEI roundtable.
10 min read · 29 May 2015
The highest prices for LP interests ranged from 100 percent to 102 percent net asset value during the first quarter, according to NYPPEX.
1 min read · 14 May 2015
Online engine aims to bring greater efficiency and liquidity to the secondaries market.
2 min read · 12 May 2015
