As prices generally come with discounts to net asset value, existing LPs have been slow to sell in tender processes.
2 min read · 03 April 2023
The firm wants to move CycloMedia and Digital Barriers into a separate vehicle with as much as €300m in NAV.
1 min read · 29 March 2023
Many GPs are interested in finding ways to deliver proceeds to liquidity-hungry investors in older funds as well as boosting fundraising in the challenging environment.
3 min read · 27 March 2023
The firm is seeking 25-50% more for its latest offering compared with its debut vehicle, Secondaries Investor has learned.
1 min read · 23 March 2023
Proposed reforms in the US aim to make an independent fairness opinion a requirement in GP-led deals.
2 min read · 22 March 2023
The regulator turned its attention to secondaries processes last year as part of a wider set of proposals designed to enhance disclosures in private markets.
2 min read · 22 March 2023
Alignment and specialisation come to the fore as the GP-led secondaries market matures.
5 min read · 13 March 2023
The growth of GP-led secondaries represents a long-term, structural change within private equity, write Paul Sanabria and Jeff Hammer, global co-heads of secondaries at Manulife Investment Management.
5 min read · 13 March 2023
Everything you need to know about GP-led secondaries, from pricing and conflicts of interest to third-party valuations and SEC proposals.
1 min read · 13 March 2023
