The US regulator’s proposals cover single-asset secondaries deals, strip sales, full fund restructurings and multi-asset continuation fund deals, among others.
4 min read · 14 February 2022
The proposals include the requirement to obtain a fairness opinion on the prices of secondaries transactions.
4 min read · 09 February 2022
The moves come three years after the LP representative body issued its initial guidance on GP-led fund restructurings.
2 min read · 08 February 2022
While there are advantages to using an M&A process to set the price of a GP-led deal, buyers should not wear the technology out.
3 min read · 03 February 2022
The secondaries specialist, which merged with CVC Capital Partners in September, has created a new principal and three new vice-presidents.
1 min read · 03 February 2022
Single-asset deals accounted for 52% of sponsor-led deals by volume in 2021, up from 38% the year before, according to the adviser’s annual survey.
2 min read · 31 January 2022
The deal closed the books on Prospect’s $200m Prospect Partners III, with almost all of its LPs opting to cash out, partner Erik Maurer tells Secondaries Investor.
2 min read · 31 January 2022
While secondaries activity shows no signs of slowing, LPs and GPs need to get on the same page about how to smooth out this process for institutional investors going forward.
3 min read · 27 January 2022
Large recapitalisations and a rebound in LP portfolio transactions drove real estate secondaries to the highest mark yet.
2 min read · 26 January 2022
