Chris Witkowsky

Many GPs have been seeking ways to sort out assets lodged in older funds, with limited partners increasingly seeking liquidity.

The sale is expected to be the first in what could be a series of fund stakes offerings by the sovereign fund as it works to manage its portfolio.

Do limited partner advisory committees have any relevance in a world where a sole LP wants to have its day in court?

The single-asset process is part of what looks to be record-setting secondaries activity this year that appears headed for more than $200bn of total volume.

Of the $60bn of third quarter deal volume, GP-leds represented about 52%, according to PJT Partners data.

The CV for the accounting business could raise more than $1bn, Secondaries Investor understands.

Trilantic’s deal is viewed by many in the secondaries market as a potential precedent setting transaction that could serve as a model for other mid-market firms facing fundraising challenges.

Nash Waterman's departure comes three months after HIG Capital poached four members of the bank's GP-led secondaries investment team.

Endowment sales ticked up in the first half of this year to around 15% of overall LP sales, according to Campbell Lutyens’ half-year volume report.

Clean-up deals have continued to grow as even traditional secondaries shops seek to close out older pools and deliver proceeds to long-time investors.