Most fund sponsors invested additional capital on top of carry rollover in such processes last year, according to the investment bank’s debut Secondary Market Survey Report.
3 min read · 21 February 2023
Tender offers plus staples remain challenging because if the price isn’t right, limited partners can simply choose not to sell.
3 min read · 16 February 2023
The asset manager will pursue yuan-denominated LP-led and GP-led transactions from a discretionary pool of client capital, according to Asia co-head Mingchen Xia.
3 min read · 16 February 2023
Brookfield Asset Management’s Connor Teskey says the firm can be a leader in secondaries and will initially focus on the GP-led market.
1 min read · 09 February 2023
Inventory flowing into the market is expected to drive volume beyond the estimated $103bn total for 2022.
3 min read · 07 February 2023
New equity and debt capital was raised on a GP-led structured secondaries deal for RFE Investment Partners’ asset ZRG in an Atlantic-Pacific Capital-advised deal.
2 min read · 02 February 2023
Buyers are increasingly splitting out their fund strategies as institutional investors seek specific risk/reward categories for secondaries.
5 min read · 01 February 2023
The mid-market sustainable infrastructure investor’s process around midstream infrastructure group Third Coast began with a first close on the CV in July.
2 min read · 30 January 2023
The deal is one of the higher profile GP-led secondaries to emerge from the slowdown in activity in the second half of 2022.
2 min read · 30 January 2023
LP secondaries is a scalable business, meaning firms like Strategic Partners can raise funds twice the size of their predecessors without doubling the size of their teams.
3 min read · 19 January 2023