When conceived and executed the right way, GP solutions transactions can create a win for all parties. Greenhill Cogent’s Brian Mooney and David Eberstein identify some key components of a successful GP solution.
4 min read · 25 March 2016
Carlyle Partners IV, which closed in 2005 on $7.85bn, has received investor approval for a 2-year extension to exit two remaining portfolio companies.
2 min read · 15 March 2016
Tail-end opportunities, the beauty of volatility and the proliferation of GP-led transactions were among the topics broached at an industry event in London this week.
3 min read · 05 February 2016
Kate Ashton, a corporate partner at law firm Debevoise & Plimpton who counsels private equity and other investment funds, recently sat down with Secondaries Investor for a Q&A on fund restructurings.
4 min read · 28 January 2016
More and more GPs are taking bundles of assets from expired infra funds and moving them into new, longer-dated yield-generating vehicles which they then open up to new LPs through stake sales.
3 min read · 20 January 2016
The firm’s global head of secondaries, Andrew Hawkins, outlines ICG’s strategy for making restructurings work.
2 min read · 14 January 2016
Secondaries advisors are increasingly incorporating fairness opinions into GP-led restructurings, giving LPs an independent perspective while providing insurance for fund managers. Overall, fairness opinions are seen as a step in the right direction toward better representation of LPs.
2 min read · 11 December 2015
A consortium led by Access Capital Partners restructured Odin’s two buyout funds. The firm also rebranded to BWB Partners.
2 min read · 08 December 2015
The Swiss group will deploy the capital in secondaries, direct and primary real estate transactions.
2 min read · 03 December 2015
More than 40% of those recently surveyed by PEI’s Research and Analytics division and Montana Capital Partners see GP restructurings as negative.
2 min read · 01 December 2015