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 listed firm, which is on the fundraising trail for its continuation fund business, seeks to address the 'enormous' demand for capital for GP-leds, says co-CEO Doug Ostrover.
More LPs in Asia-Pacific are willing to cash out in a sponsor-initiated process to accelerate distributions than their North America and European counterparts.
Fewer investors are using the secondaries market to lock in returns or to refocus their portfolios on the best-performing managers, compared with six months ago.
The appointment is part of a raft of wider moves at the placement agent and advisory firm, including the departure of one of its co-founders.
The US regulator's vote this week to require greater disclosure from private fund sponsors is the tip of the upcoming regulatory iceberg.
The Institutional Limited Partners Association chief executive questions whether the industry is equipped to serve a more demanding clientele.
Delaney Brown has overseen a secondaries team, led by Dushy Sivanithy, that joined the buyside of the single-asset market last year with a $1bn deployment target.
The bank's secondaries advisory group advised on over $4bn of transactions in North America in 12 months to end-October last year.
Brookfield Asset Management's Connor Teskey says the firm can be a leader in secondaries and will initially focus on the GP-led market.
Nine out of 10 of the firm’s existing investors had re-upped in the fund’s $350m first close.