Another relatively rare GP-led transaction has closed in the secondaries market, adding to the pool of ever-growing manager types in an already competitive landscape.
3 min read · 17 November 2022
The market has been waiting to see what kind of reception TPG’s pool would attract from LPs, being a first-time fund and a new platform for the mega-firm.
3 min read · 16 November 2022
DigitalBridge has used secondaries market technology before, including a 2020 deal with Goldman Sachs Asset Management involving a preferred equity injection.
2 min read · 08 November 2022
The misuse of common practices in the private equity industry could allow misalignment between LPs and GPs.
3 min read · 02 November 2022
Diagnostics business The Binding Site was part of a group of companies involved in the firm’s landmark 2018 GP-led secondaries process.
2 min read · 01 November 2022
Board members referenced recent remarks from a Danish CIO that compared private equity to a ‘pyramid scheme.’
2 min read · 27 October 2022
It’s all about alignment and outperformance when it comes to selling the idea of a GP-led; two reports this week suggest LPs and GPs have a way to go to get on the same path.
2 min read · 21 October 2022
Investors who do not participate in GP-led secondaries could be incurring an opportunity cost of at least 15% over the long run, a study by Upwelling Capital Group has found.
4 min read · 18 October 2022
While North America has coalesced around a common process, some transactions in Europe are subject to different time frames and varying access to information, attendees at the BVCA Summit were told.
2 min read · 10 October 2022
The tender offer is among several options GPs have to deliver liquidity back to LPs at a time when distributions and fundraising are slowing.
4 min read · 06 October 2022
