There were 15 $1bn-plus LP-led portfolios brought to market in the first half of 2023, and market participants anticipate more LPs will follow suit. How many transactions will get over the line?
3 min read · 17 August 2023
Recent activity suggests buyers may be purposefully baking in more headroom as macroeconomic and market conditions remain challenging, according to data from Palico.
2 min read · 21 November 2022
Finding the pricing sweet spot to satisfy sponsors, buyers and LPs is tougher than ever in today’s market.
3 min read · 13 September 2022
Secondary pricing for buyout funds as a percentage of NAV fell from 97% for full-year 2021 to 88% in the first half, according to Greenhill.
2 min read · 29 August 2022
Secondaries Investor caught up with Adrian Millan from PJT Partners to discuss a market that’s becoming increasingly relevant to liquidity-squeezed LPs.
3 min read · 24 August 2022
Public pensions drove the LP-led market in H1, as allocation pressures led them to sell despite worsening price dislocation, Campbell Lutyens found.
2 min read · 18 August 2022
Private equity performance has held relatively steady compared with the pain in the public markets so far this year. That may start changing over the new few weeks.
2 min read · 04 August 2022
While initial secondaries volume estimates point to a record first half, expectations for full-year 2022 may have to be revised downward.
2 min read · 28 July 2022
A market downturn, diverging views on valuations and ‘risk off’ attitudes are causing many GP-led deals to be repriced.
3 min read · 16 June 2022
The booming secondaries market for growth assets is on pause, although deals can still happen if sponsors offer a discount.
3 min read · 31 May 2022
