Hannah Zhang

Head of secondaries Cari Lodge tells Secondaries Investor about deployment plans for the firm’s fourth secondaries vehicle, which closed on $1.1bn earlier this month.

'Valuations have returned to a steady state, but GPs are facing more significant DPI challenges than ever,' W Capital Partners' David Wachter tells Secondaries Investor.

The innovative transaction involves StepStone providing funding for MLC Private Equity's seed portfolio and additional capital for its new investments.

Hudson Structured Capital Management has moved five assets out of a multi-sector insurance-focused fund into a continuation vehicle.

AXA Investment Managers joins a growing list of players buying up secondaries shops as it plans to tap GP-led and direct secondaries opportunities in North America.

Kaiser Permanente has returned to the secondaries market with its third billion-plus portfolio in three years. As first-timers come to market, the secondaries market is hopeful more LPs will take a regular approach in the years to come.

Golding Capital Partners also promoted head of secondaries, Richard Wilmes, to partner-level, a move that underscores the importance of secondaries investments to the firm.

As the LP-led market grows ‘white hot’, mosaic transactions are sparking debate among some practitioners over the impact on returns.

Goldman Sachs Asset Management's predecessor fund, which closed on $2.75bn in 2020, is the third-largest real estate secondaries fund to date.

ICG and Kirkbi A/S acquired Minimax in 2014 with ICG and co-investors acquiring Kirkbi's stake in 2018.