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Madeleine Farman

Madeleine Farman is a senior reporter for PEI Group’s Private Equity International and Secondaries Investor titles, based in London. Prior to joining PEI, she had covered private equity, private capital and advisers associated with the industry for other newsrooms and publications since 2016. Originally from New Zealand, Madeleine began her career in radio in Auckland.
The secondaries industry is stepping up its reporting of the performance of continuation fund exits as the supply of opportunities continues to outstrip the available capital for these deals.
A university graduate cap
LPs will be given the option to roll or sell on CVC’s continuation fund process for Multiversity, which is understood to be €1.5bn-€2bn in size, Secondaries Investor learns.
ICG Oliver Gardey, head of private equity fund investments and LP Secondaries, and Ryan Levitt, head of Americas LP Secondaries
ICG LP Secondaries Fund I has completed seven transactions and is already around 50% committed.
Yann Robard, founder and managing partner of Dawson Partners, formerly Whitehorse Liquidity Partners
Dawson believes it can differentiate itself in a rapidly growing secondaries market by using scale, founder and managing partner Yann Robard tells Secondaries Investor.
ICG and Manulife closed on their respective debut LP-led and GP-led vehicles this week. Both firms believe the secondaries market will continue to specialise in this way – they’re just early adopters.
Dollar bills speeding across a purple background
Manulife Investment Management has held the final close for its debut vehicle, private equity-focused Manulife Strategic Secondaries Fund.
Rolls of dollar bills against a pink background
Including co-investment vehicles and SMAs, the firm’s LP secondaries strategy has received total commitments of $1.6bn.
Secondaries firms should develop vehicles capable of providing liquidity for a wider variety of players within the infrastructure space, says HarbourVest’s Diego Jimenez at PEI Group's Infrastructure Investor Network Global Summit.
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.
Kevin Lu Partners Group Milken Institute Global Investor’s Symposium
The firm is seeing two- to three-times more secondaries deal flow than it had for the previous programme, Asia chairman Kevin Lu said at the Milken Institute Global Investor’s Symposium on Tuesday.

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