Greenhill Cogent managing director Brian Mooney tells the Private Fund Restructuring book launch hosted by Citco that pricing at 90% of NAV is the key to success.
2 min read · 31 May 2016
Eugene Stricker files claim against the firm, six of its senior staff and Andrew Caspersen, a former employee of PJT’s Park Hill who has been charged with securities fraud.
2 min read · 26 May 2016
A compelling idea, we’ll admit, but not true. It’s one of the thought-provoking statements that Secondaries Investor has tested out on market participants this week.
3 min read · 20 May 2016
Hycroft’s Brad Critchell talks about why not all GP-led deals succeed and why being engaged with advisory boards and councils is the best way to ensure success.
3 min read · 19 May 2016
PJT Partners, the parent company of Park Hill Group that had employed Andrew Caspersen, who allegedly defrauded investors, will receive almost $6m back from insurance.
2 min read · 16 May 2016
Recent high pricing has encouraged the world’s largest asset manager to be a seller on the secondaries market, according to managing director Johnathan Seeg.
2 min read · 26 April 2016
The US Securities and Exchange Commission’s Igor Rozenblit called out the complexity of the fund restructuring industry for allowing Andrew Caspersen’s alleged fraud.
2 min read · 20 April 2016
The energy investment specialist has hired Lazard to run a restructuring process on its 2006 fund and raise fresh capital for its 2008 vehicle.
2 min read · 13 April 2016
UBS has been hired to run a process which will move the fund’s sole remaining asset into a new vehicle with new terms, Secondaries Investor has learned.
2 min read · 11 April 2016
Former Park Hill and Coller executive Andrew Caspersen allegedly created a fake credit facility to support a real stapled secondaries transaction, according to the US Department of Justice’s complaint.
4 min read · 29 March 2016
