Gabriel Boghossian, who leads secondaries at King and Wood Mallesons, discusses what full disclosure in GP-led deals means and what to watch out for when testing the market.
3 min read · 10 November 2016
Recent SEC focus on fund restructuring has put pressure on GPs to make sure their limited partners get fair treatment during the process. Molly Diggins, general counsel for advisory firm Monument, who says LPs should make themselves heard and ask for greater transparency.
4 min read · 14 October 2016
The credit specialist has hired a former PineBridge Investments secondaries specialist as it launches a fund restructuring business that also offers preferred equity.
2 min read · 14 October 2016
An overwhelming majority of investors in the Swiss firm’s sole fund have agreed to sell their stakes to the bank’s private equity unit, Secondaries Investor has learned.
2 min read · 13 October 2016
Discounts could also widen for European funds amid volatility related to Brexit, according to a mid-year report by the advisory firm obtained exclusively by Secondaries Investor.
2 min read · 11 October 2016
The banking group’s Five Arrows Secondary Opportunities unit has also hired three staff this year including a secondaries executive from BEX Capital.
2 min read · 22 September 2016
The SEC’s allegations involve the private equity firm’s 2006-vintage Fund XI which it attempted to restructure in the first half of the year.
2 min read · 18 September 2016
The investment manager wants to sell the €1bn vehicle before the end of the year and a new structure will be created to manage the portfolio.
1 min read · 15 September 2016
Recent failed restructurings have not been in vain: secondaries is an evolving industry and learning from its early missteps.
3 min read · 02 September 2016
The direct secondaries firm has hired three investment professionals and opened an office in Bavaria to help it manage the 23-asset portfolio.
2 min read · 28 August 2016