Home Authors Posts by Rod James

Rod James

Rod James is a reporter with Secondaries Investor and also contributes to sister title PrivateEquityInternational.com. He is based in the London office. Prior to PEI, his roles included a stint as a freelancer covering fintech and transaction banking, CEEMEA capital markets reporter with EMEA Finance magazine, and editor of the Latin American political and economic risk team at IHS Global Insight.
The asset manager, which has $170bn in alternatives AUM, is revisiting the strategy having last raised a dedicated secondaries fund in 2016.
The law firm has hired a fund finance specialist to take advantage of asset-backed lending, which has become an increasingly popular alternative to secondaries sales.
The adviser and placement agent sees a growing opportunity in the US lower middle market, particularly in preferred equity.
spring water
Europe-focused Springwater will invest the funds in opportunities brought about by market dislocation.
What was an exception is now mainstream, with buyers using leverage as bridging finance and to boost returns, according to Investec.
The alternatives manager has already raised more than $1bn of capital to invest in senior debt secondaries through two May fund closes.
The booming secondaries market is reflected in this year's survey, with several respondents closing on twice the deal volume recorded in pandemic-hit 2020.
sneak peek
Secondaries advisers are adjusting to tricky market conditions after filling their boots during a record-breaking 2021.
The placement agent has formally launched a secondaries advisory business focused on credit and infrastructure, having soft launched two years ago.
The Chicago-based manager will target opportunities where it has an informational advantage that allows it to profit from 'value arbitrage', according to secondaries head Jeff Akers.

Copyright PEI Media

Not for publication, email or dissemination