Hannah Zhang
The credit secondaries market is being rolled out 'on steroids', says Coller’s Michael Schad on the latest episode of Second Thoughts.
In the latest episode of the Second Thoughts podcast, two early pioneers in credit secondaries share their views on where the market is headed next.
While the exact size of the portfolio is unclear, Secondaries Investor understands the portfolio could range around the $5bn and $6bn mark.
Secondaries investors are 'adding the equity risk premium for all the unknowns' and breaking down deals into smaller bites to better manage risks.
The university will continue to actively seek new relationships with PE firms, a spokesperson told Secondaries Investor.
The US university that pioneers the 'endowment model' is selling its PE investments in the secondaries market for the first time.
The tariff uncertainty may lead to 'extended timelines' in dealmaking as buyers and sellers digest the impact, according to a report from Campbell Lutyens.
The secondaries market is shrouded in uncertainty after this week’s volatility. There are, however, reasons to remain upbeat over the longer term.
The deal marks the first CV for mid-market specialist Estancia Capital Partners, Secondaries Investor understands.
PE firms with more knowledge about assets through their secondaries strategies could be more aggressive in the M&A bidding process.