Some sponsors are still able to drive aggressive terms in GP-led deals, though perhaps not for much longer.
3 min read · 07 September 2022
As an increasing number of sponsors turn to secondaries processes, doubts are being raised about the market’s building blocks. Just how aligned is the secondaries market today?
2 min read · 07 September 2022
The GP-led deal by Norvestor Equity comes during a slowdown caused by a stubborn gap between the pricing expectations of buyers and sellers.
2 min read · 05 September 2022
Andrew Hawkins becomes vice-chairman amid a raft of changes at the listed manager’s Strategic Equity secondaries unit.
3 min read · 01 September 2022
A fund’s LP base will respond in varying ways to an organised liquidity option; understanding how alignment among LPs can differ is crucial.
3 min read · 25 August 2022
The deal was to be priced off the sale of a minority stake software business Medius to Advent but was negotiated down in line with falling public markets.
3 min read · 25 August 2022
TR Capital’s Colin Sau told delegates at Wednesday’s HKVCA China Private Equity Summit that GPs are favouring domestic liquidity routes for certain industries.
2 min read · 25 August 2022
Mid-market-focused DC Advisory is adding secondaries to its M&A, restructuring, capital raising and GP stakes businesses.
2 min read · 24 August 2022
Big financial institutions are increasingly looking for ways to expand into secondaries advisory to help meet the demand of the growing market.
2 min read · 22 August 2022
Buyers are hopeful that market conditions will give them greater power to dictate the terms of GP-led deals without discouraging sponsors from coming to market.
2 min read · 18 August 2022
