From stapled deals to restructurings, tender offers to strip sales, Andrew Sealey, managing partner and chief executive of Campbell Lutyens, discusses the different types of GP-led deals and how they can benefit all parties.
1 min read · 21 November 2018
Coller Capital will offer a single-digit discount to LPs who wish to sell their stakes, Secondaries Investor has learned.
2 min read · 20 November 2018
Ambiguity around who pays for what when a vehicle comes to the end of its term could scupper growth in the GP-led secondaries market.
3 min read · 15 November 2018
The process on the 2006-vintage, $8.1bn Fund VI is being put to limited partners on Wednesday, Secondaries Investor understands.
2 min read · 13 November 2018
Tom Angell, partner at financial services firm WithumSmith+Brown, dissects the results of sister publication pfm’s Fees & Expenses Benchmarking Survey.
5 min read · 07 November 2018
There is a cohort of crisis-era funds which investors would be better off getting out of or re-incentivising their GP.
2 min read · 01 November 2018
As the market evolves, the lines between direct secondaries and secondary buyouts are becoming increasingly blurred, writes Rede Partners’ head of secondaries Yaron Zafir.
4 min read · 01 November 2018
Around 18% of buyout funds of vintage 2005-08 are at or near their hurdle rate, many of which will not provide any more distributions to LPs.
2 min read · 31 October 2018
The increasing acceptance of GP-led deals has opened up opportunities in the smaller end of the market, but unique challenges arise when dealing with smaller funds.
2 min read · 18 October 2018
