The investment bank has agreed to acquire stakes held in Partners’ 2007-vintage secondaries fund in a deal expected to close by the end of September.
1 min read · 19 September 2016
Funds of funds are taking advantage of price discrepancies to become opportunistic sellers.
3 min read · 26 August 2016
The banking group’s Five Arrows Secondary Opportunities unit acquired the interest using its third secondaries fund which was almost fully invested as of November.
1 min read · 22 June 2016
Sales of stakes in tail-ends – mature funds which often hold a handful of portfolio companies – are expected to increase as a percentage of the secondaries market this year.
1 min read · 16 June 2016
The London secondaries firm has used its fourth fund to build its exposure to the European buyout manager’s 2002-vintage fund.
1 min read · 07 April 2016
The London tail-end specialist is increasing its exposure to Advent III after acquiring Deutsche Bank’s stake in June.
1 min read · 31 March 2016
The London tail-end specialist has acquired stakes in a 2002-vintage European buyout fund using its latest secondaries vehicle.
1 min read · 23 March 2016
Sales of tail-end fund stakes are expected to increase this year, so buyers will have to carefully weigh the enticing discounts against some potential portfolio howlers.
3 min read · 11 March 2016
Bids fell by almost 15 percentage points last year amid an increase in the proportion of tail-end stakes being traded on the secondaries market.
1 min read · 15 February 2016
Higher public exposure and limited upside in tail-end fund stakes will drive pricing further apart for good- and poor-quality assets, according to a new report.
1 min read · 08 February 2016