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Commentary

Thought leadership from the secondaries sector’s leading voices including legal experts, industry veterans, asset class specialists (from real estate to private equity) and academics.

Industry Ventures’ Swildens on VC secondaries

Hans Swildens is chief executive and founder of the venture capital-focused fund of funds and secondaries specialist. He speaks to Secondaries Investor about who's selling what, the rise of corporate spin-outs, and how small and complex rules the day.

Evercore on rolling over assets, part 2

In this second part of our Q&A, advisor Evercore's Nigel Dawn discusses GP-led deals and where that sector of the market might go from here.

Landmark on the return of the mega-deal, part 1

Ian Charles, a partner on Landmark Partners’ private equity team and Jamie Sunday, a partner on the firm’s real estate team, discuss how secondaries transactions worth more than $1bn may lead to a record year for deal volume.

Evercore’s Dawn on rolling over assets, part 1

Nigel Dawn, from advisor Evercore, discusses some of the ways in which GPs can strategically access the secondaries market to actively manage their portfolios, as well as LPs' familiarity with asset sales.

Notes on EQT’s staple deal

We take a closer look at the Nordic firm's recent deal and the vogue for stapled transactions.

A question of value: Proskauer on structured deals and recaps

In this second part of our Q&A with law firm Proskauer, Mike Suppappola and Kate Simpson discuss the use of special purpose vehicles in structured secondaries and treading a fine line in fund restructurings and recapitalisations.

Why the SEC is probing secondaries…again

A few issues could give the commission cause for concern in what appear to be relatively vanilla transactions.

Proskauer on tail-ends and preferred equity

Proskauer's Kate Simpson and Mike Suppappola discuss important legal and structural ramifications that have arisen amid increased diversification in deal types.

Fresh faces: introducing the SI 30’s five new entrants

Specialisation is becoming a critical edge for secondaries firms; it’s no wonder the five firms who joined our ranking of the top 30 managers all have this in common.

Tactical sellers and GP liquidity solutions

In this extract from The Secondaries Market, Coller Capital's Gerald Carton, discusses why LPs sell.