Madeleine Farman
Madeleine Farman is the editor of PEI Group’s Secondaries Investor title 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 listed alternatives firm is ‘progressing’ on the launch of both a private equity and a secondaries semi-liquid fund next year.
Focusing down into specific areas of both private markets and the secondaries market is fuelling further capital raising, as well as the rise of evergreen vehicles, we discuss in the latest Second Thoughts podcast.
Providence agreed to sell part of its stake in the group to listed investment firm Wendel in July.
Verbrugghe spent more than 25 years at Ardian and held a number of leadership positions, including head of Ardian USA and member of the firm's executive committee.
Investors including Alaska Permanent, Caisse des Dépôts, Skandia, New York City Retirement Systems and TRS Texas share their views on how this market can be improved and how they are positioning themselves to take advantage of CVs.
Abry Partners’ move to seed a new private credit strategy via a continuation fund marks the latest credit secondaries deal used to kick start a new business line.
'I can hand on heart say there has never been a deeper, more robust pipeline than the one that we have right now,' HarbourVest's Jeff Keay told Secondaries Investor on the back of its $15.1bn flagship raise.
The transaction has been backed by capital from long-term yield-oriented institutions and not traditional secondaries firms.
Combining Dover Street XI and its co-investment vehicle Secondary Overflow Fund V, the manager has raised $18.5bn to deploy into secondaries transactions.
Despite a couple of pulled-transaction anomalies, secondaries sales are still seen as a powerful tool for rebalancing portfolios.