Obey Martin Manayiti
While more capital is entering infra secondaries, much of it is being deployed by relatively new entrants in a market characterised by variety, the Paris-headquartered asset manager's co-CEO tells affiliate title PE Hub.
The placement agent’s co-lead for secondaries tells affiliate title Buyouts that she also expects more mid-market GPs to raise funds targeting investment in continuation vehicles.
The buyout firm launched Sage Equity Investors last year with a $1.5bn target.
The Morgan Stanley-advised process on ski resort Alterra Mountain was backed by investors understood to include Singapore's GIC.