Carmela Mendoza
Carmela Mendoza is a senior reporter for Private Equity International based in London. She first joined PEI in Hong Kong in 2015 and covered Asia. A graduate of Ateneo de Manila University, she previously worked for a digital agency in Singapore focused on government websites and publications covering business, trade and industry, transport, and social development.
The Paris-headquartered firm raised €200m for its debut secondaries fund last year.
From partial exits to continuation funds, more African GPs are turning to secondaries transactions to deliver liquidity back to LPs.
CVC Capital Partners has kicked off plans to list on Euronext Amsterdam. It is expecting to raise a minimum of €1.25bn via the IPO.
Panellists at PEI Group’s NEXUS 2024 summit discuss the blurring of the lines between secondaries and co-investments.
Dealmaking is due for a comeback this year with the return of financial sponsors and more demand for liquidity, according to a panel at IPEM Cannes.
Alts now account for nearly one-fifth of the firm’s $1.37trn assets under management, driven by manager acquisitions and inflows from the wealth channel.
The firm is also seeing 'exciting opportunities' in the opportunistic side of the business including real estate secondaries and structured equity, according to chief executive Michael Arougheti.
Patria has been preparing to formalise and widen its secondaries business, Secondaries Investor has reported.
The firm expects to hold the final close on Lexington Capital Partners X at the end of the year.
The European direct secondaries specialist enjoyed a re-up rate of over 100% for Fund XI.