Staff Writer
With their multiple benefits for both the GP and LP, management-led secondaries are rapidly gathering steam in real estate.
There is growing speculation that secondaries trading could surpass primary fundraising, as it has in the public markets, write Rod James and Amy Carroll.
Uncertainty linked to the pandemic and other macro forces is driving an increase in real estate secondaries transaction volume.
Investing in GP-led continuation vehicles is an entirely different business to traditional LP secondaries, say Matt Jones and Michael Woolhouse at TPG GP Solutions.
The GP-led secondaries market continues to benefit from innovation and shows no signs of slowing down, say Akin Gump Strauss Hauer & Feld partners in this sponsored Q&A.
Innovative multi-asset transactions and deals that offer broad sector exposure are likely to be on the continuation fund menu this year, say Jeremy Duksin and Jonathan Abecassis in this sponsored Q&A.
Charles Smith, CIO and managing partner at Glendower Capital, outlines the key components for completing a successful GP-led secondaries deal in this sponsored Q&A,
Although secondaries investors have limited influence on underlying assets, there are steps they can take to engage with ESG issues and promote science-based targets, says Tim Clare of Anthesis.
There is a shortage of buy-side capital for GP-led continuation funds, even though LPs are quickly waking up to the opportunity, say Portfolio Advisors’ Brian Mooney and Stephen Sloan.
LPs face new risk management and execution issues as the GP-led secondaries market expands, say AltamarCAM Partners global CEO and managing partner José Luis Molina and partner Derek Snyder.