Home Commentary

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.

Fund finance focus: don’t neglect the positives

The use of subscription facilities by funds has seen its criticism, but the practice is not without its positives, write Thomas Smith and Almas Daud.

The importance of the discount to maximise return: myth or reality?

The head of Northleaf Capital Partners' London office, Daniel Dupont, discusses the keys to making a good secondaries investment.

The state of the secondaries market

In this extract from The Secondaries Market, Brian Mooney and Jeremy Joersz of Greenhill Cogent examine the changes in the sector over the last 20 years, and look at the types of market participants.  

Tough time for take-off

The real estate secondaries space is challenging for established players, let alone for new entrant Neuberger Berman.

Three unusual deals of H1

Record half-yearly fundraising means buyers have had to expand their investment scope to chase promised returns. Here’s a trio of innovative transactions that caught our eye.

Adams Street’s Gull on life after PE

As the investment firm's head of secondaries, Jason Gull experienced a daily adrenalin rush. He tells Secondaries Investor about how his life has changed since retirement.

Five things we learned about the changes at Partners Group

The investment firm wants to ensure it’s a one-stop shop.

Five Qs with ICG Enterprise Trust’s Emma Osborne

Secondaries Investor caught up with Emma Osborne, head of private equity fund investments at the listed vehicle, about what has changed in the 16 months since the acquisition and her plans for the Trust over the next five years.

Divided over a key issue

Is investor focus on key person clauses misguided?

Infra secondaries: valuation, modelling and outlook

Partners Group's senior vice-president of private infrastructure, Dmitriy Antropov, on why valuation and modelling of assets is different in infra secondaries in this final part of an extract from The Secondaries Market.