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 placement agent and secondaries advisor has raised $200m to finance seed, allocation and expansion operations for firms that want to go it alone.
HarbourVest Partners Ireland Limited, which will accommodate investment managers and other functions, is awaiting approval from the Irish regulator.
The secondaries market is making it harder for GPs to massage their fund performance figures, according to EMEA head Jim Strang.
The vehicle's close comes two months after Secondaries Investor reported the firm and Ardian were the buyers of a portfolio from American International Group.
Average top pricing for real estate stakes is up nine percentage points year on year, while buyout and VC funds have had declines.
The team behind one of the UK's best-known mid-market firms has formed Horizon Capital, backed by a group of investors including Pantheon and Idinvest Partners.
The pension sold a $70m portfolio made up predominately of mature funds of funds stakes as part of its plans to move away from the strategy.
The Japanese banking giant has offloaded stakes in KKR, EQT and Charterhouse funds, the oldest of which is of 2014 vintage.
Handshake
The firm has advised on 10 complex secondaries transactions totalling $2bn, including one of Asia's first restructurings in 2016.
The secondaries firm has hired George Weekes, a former Canada Pension Plan Investment Board funds, secondaries and co-investment professional.
si
si

Copyright PEI Media

Not for publication, email or dissemination