There is a lot of opportunity to restructure dysfunctional funds in continental Europe, particularly in Germany where direct secondaries specialist Evoco sees the most promising situations, says co-founder and partner Michel Galeazzi.
2 min read · 29 September 2014
The London-based firm closed its fourth secondaries fund on its £75m hard-cap last year.
1 min read · 23 September 2014
Prices for buyout fund interests during the first half of 2014 were in line with the second half of last year, according to Elm Capital.
2 min read · 21 September 2014
Partners has acquired 4m square feet of property in Finland and Sweden by buying out the investors of Niam’s 2004-vintage Nordic Fund III.
2 min read · 05 September 2014
The Nordic private equity secondaries fund has already acquired an LP stake in EQT Fund V.
2 min read · 14 August 2014
Unrealised value in tail-end funds totals $345bn, which means there’s room for further growth in the expanding direct secondaries market, according to NYPPEX.
2 min read · 04 August 2014
Secondaries fund of funds Montauk Triguard has closed its sixth fund over its target of $400m, stating that the fund was substantially oversubscribed.
1 min read · 07 May 2014
NYPPEX estimates that tail-end funds comprised approximately 26 percent, or $6.46 billion, of total secondaries transaction volume in 2013.
1 min read · 24 March 2014
The global fund of funds’ figures show there are 200 funds over 10 years old with at least $100m of NAV. That’s expected to be a key source of dealflow for secondaries investors.
2 min read · 07 March 2014
The restructuring, financed in part by an investor group that includes Landmark and Vision Capital, is seen as a way of providing options to LPs in a fund that has lived beyond its intended life.
4 min read · 29 August 2012
