SecondariesInvestor

Tracking the secondaries market across alternative asset classes

[SecondariesInvestor @secondariespei]

The GP-led secondaries market is continuing its growth spurt – both in terms of volume sought and new entrants. But there’s no guarantee that everyone will succeed.

https://t.co/aGggMEIgMH

[SecondariesInvestor @secondariespei]

Fundraising, deal volume, new entrants and people news piqued readers’ attention in what was another dramatic year for the secondaries market https://t.co/XLapmljdwK

[SecondariesInvestor @secondariespei]

Friday Letter: The Kodak-Mastercard Foundation transaction suggests further corporate sellers may come to the secondaries market as they go through structural shifts
https://t.co/l3R9aQlCDF

[SecondariesInvestor @secondariespei]

Friday Letter: https://t.co/bUlNWF6Hqw

[SecondariesInvestor @secondariespei]

LGT Capital Partners' latest vehicle launched in 2022 and had collected $4.38bn as of January.

#Fundraising #PrivateEquity

https://t.co/9WtzUwyDe5

[SecondariesInvestor @secondariespei]

There is a 'huge supply/demand imbalance, particularly for larger sized transactions' which is leading to the firm doing this, according to the firm's chief investment officer and CEO.

#PrivateEquity #SingleAssets

https://t.co/btl9JAVtf0

[SecondariesInvestor @secondariespei]

Secondaries investors continue to defy fundraising obstacles amid increasing demand for more specialisation within the market.

#PrivateEquity #Secondaries #Fundraising

https://t.co/VVfFStcoUh

[SecondariesInvestor @secondariespei]

The attractive risk-return profiles of #secondaries funds will last as long as buyers continue to acquire good-quality assets at significant discounts, according to research from Seine Capital.

https://t.co/qnwihTFwl5

[SecondariesInvestor @secondariespei]

'I can hand on heart say there has never been a deeper, more robust pipeline than the one that we have right now,' HarbourVest's Jeff Keay told Secondaries Investor on the back of its $15.1bn flagship raise.

#Fundraising #Secondaries

https://t.co/NiE0wXm0jm

[SecondariesInvestor @secondariespei]

Friday Letter: Eye-watering legal charges have been likened to ‘racketeering’; industry co-operation could solve the problem https://t.co/96YhzhBUsj

[SecondariesInvestor @secondariespei]

Transfer agreements are seen as a $100,000 'copy & paste job' by some and 'complex legal contracts' that law firms are losing money on by others.

#PrivateEquity #Secondaries

https://t.co/EUNaz1qu0Q

[SecondariesInvestor @secondariespei]

#Secondaries activity for CFO bonds is light and could pick up if the stars align.

https://t.co/X3kYNP9fFi

[SecondariesInvestor @secondariespei]

Secondaries Investor reported in March that Goldman Sachs and AlpInvest Partners were investors in the deal involving global life science ingredients distributor Barentz.

#PrivateEquity #Secondaries

https://t.co/YV4l4j4eu4

[SecondariesInvestor @secondariespei]

Combining Dover Street XI and its co-investment vehicle Secondary Overflow Fund V, the manager has raised $18.5bn to deploy into #secondaries transactions.

#PrivateEquity

https://t.co/qncIuui6mS

[SecondariesInvestor @secondariespei]

The Nordic PE firm, which was among the first private markets managers to embrace ESG, has raised €588m to acquire two assets from its fifth flagship fund.

#ESG #PrivateEquity

https://t.co/Yr24H82uQb

[SecondariesInvestor @secondariespei]

There are at least 14 #secondaries vehicles seeking capital to invest in the asset class, Secondaries Investor data shows.

#Fundraising #Infrastructure

https://t.co/PZkJ6v5j4m

[SecondariesInvestor @secondariespei]

The Carlyle unit is also in market with its flagship #secondaries programme and a dedicated single-asset-focused fund.

#FundFinance #Fundraising

https://t.co/RoLJbEeHKt

[SecondariesInvestor @secondariespei]

It is understood @Lazard's head of US secondaries advisory Amanda Ugarte will join the investment bank to lead and build out its #secondaries advisory team.

https://t.co/nsrcrahwjr

[SecondariesInvestor @secondariespei]

Tim Henn, who has joined from JPMorgan as head of private equity #secondaries, tells Secondaries Investor the firm plans to invest in deals with #GPs it knows through its platform.

https://t.co/zA5dSDt8Qx

[SecondariesInvestor @secondariespei]

The firm hopes to surpass the size of its previous #secondaries flagship, which closed on $22.2bn in 2023.

@blackstone

https://t.co/dWeuk7a9qs