Madeleine Farman
Activity has slowed compared with last year’s figures, when the market saw $54bn of volume in the first half.
Healthcare-related assets make up a significant chunk of potential dealflow in the GP-led secondaries market given the sector’s characteristics and outlook.
As buyout shop Astorg makes moves to fill its secondaries bench in its effort to back continuation funds, the key will be winning over firms that may view it as a competitor.
Chief executive Christian Sinding had said on the firm’s Q1 earnings call it was pondering alternative liquidity options including continuation funds.
The firm has hired executives from Arch Capital and StepStone, and moved two people across internally to bulk up its secondaries offering.
Professionals from Evercore, KKR, LGT Capital Partners Morningside Capital and StepStone Group have been included in this year's list.
Presenting the third instalment of Second Thoughts, a special series from Secondaries Investor that delves into the latest trends affecting the fastest-growing market in alternatives.
The firm has picked Valentina Abbott to help it gather more capital for its sustainable investment strategies.
Private Equity Opportunities III closed on $738m and includes $100m for new commitments.
The placement agent has had a strategic alliance with Boston-based Mozaic since 2015.