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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.
JPMorgan secondaries appointment
This is the second departure in two months from the secondary advisory team at Kroll, which is considering whether to remain in the market.
A market downturn, diverging views on valuations and ‘risk off’ attitudes are causing many GP-led deals to be repriced.
The process on a software company owned by Banneker Partners, led by a Vista co-founder, was to be priced off a Q4 stake sale until market sentiment turned.
The Canadian pension giant has spent two years rebuilding its senior secondaries team with internal promotions and hires from GIC and Partners Group.
The asset management arm of the Dutch energy company overcame market volatility to sell a €700m private equity portfolio, though planned to sell more.
Law firms saw a huge increase in secondaries work during the period under review, with GP-led deals cementing their place as the most popular transaction.
Number 5 On A Wooden Block On A Table, five
With the halfway point of the year upon us, we look at the events that have defined secondaries in 2022 so far.
Guggenheim has made four hires, including two managing directors, in its rebooted secondary advisory team, Secondaries Investor has learned.
The booming secondaries market for growth assets is on pause, although deals can still happen if sponsors offer a discount.
As the economy turns downward and the rationale behind GP-led deals changes, the SEC’s fairness opinion mandate could be a good thing for the secondaries market.

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