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.
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.
The Swiss firm brought in three executives in December to lead the strategy.
The Conshoshocken-headquartered investment firm gathered a further $450m in the quarter for its latest offering.
BSP IX has raised $14bn and is poised to reach $20bn by year-end, the firm revealed during its first-quarter earnings call.
Sponsors must ensure their own interests align with those of their existing LPs and the buyers to combat a rise in 'conflict washing', panellists at last week's Invest Europe forum warned.
Blackstone is on track to reach $20bn for its latest flagship secondaries fund, having nearly achieved its target in the space of a quarter.
Holding assets longer is not always the first consideration for prized assets, healthcare investors said at a Dechert conference.