Carmela Mendoza
Holding assets longer is not always the first consideration for prized assets, healthcare investors said at a Dechert conference.
Suyi Kim, previously head of Asia at the Canadian pension giant, has been named to lead its private equity unit globally.
The private equity giant is looking at opportunities to acquire secondaries firms or set the unit up organically, according to co-president and co-COO Scott Nuttall.
The world's biggest asset manager in recent weeks amassed nearly $8bn across its debut secondaries fund and its third renewable energy fund.
BlackRock Secondaries & Liquidity Solutions has completed over 15 transactions including single and multi-fund portfolios, GP-led restructurings and other complex deals.
The private equity firm has traditionally retained exposure to assets the 'old fashioned way', according to managing partner James Brocklebank.
CEO Kewsong Lee says there was a ‘huge cross sell’ between AlpInvest and the rest of Carlyle, with more than 40% of LPs invested in both.
Almost two-thirds of investors said they expect capital calls to exceed distributions in 2021, according to a survey by Montana Capital Partners.
Investors cannot afford to ignore a GP set that has largely outperformed industry benchmarks, even during a pandemic.
The placement agent and advisory firm had worked on secondaries deals including the yuan to dollar restructuring of assets managed by Loyal Valley Capital.









