Home Commentary Editor's View

Editor's View

Our in-house take on what news, trends and developments affecting the secondaries market means to its different participants. In these weekly commentaries we stir discussion and prompt debate as well as comment on issues important to market participants in a lively and thought-provoking way.

Taking GP-leds to the masses

The increasing acceptance of GP-led deals has opened up opportunities in the smaller end of the market, but unique challenges arise when dealing with smaller funds.

When it comes to fundraising data, looks can be deceiving

Lumpiness, rather than sentiment, is why secondaries fundraising is down.

Why tax reform is proving hard to digest

At a secondaries-themed breakfast we found that, unlike the pastries, changes to US tax rules are not going down well.

Why the hurdle rate needs a revamp

For all the debate it provokes, the conventional hurdle rate has remained stubbornly untouched since the ’80s.

Five things to expect from ILPA’s guidance on GP-leds

Expect a document that gets into the weeds when the LP body issues its best practices for fund restructurings.

The VSS case is a wake-up call for GP-led deals

The secondaries market has come a long way; best practice around managing conflicts of interest has some way to go.

Five new entrants shake up the SI 30

This year’s list welcomes a fresh spin-out, a direct secondaries player and niche specialists.

Why Electra is a complex proposition

The UK’s Electra Private Equity may have ended its search for a buyer, but its five remaining assets remain in play. Will anyone be brave enough to buy them?

Predictions revisited: how H1 stacks up

At the start of the year, Secondaries Investor made a number of predictions for 2018. We check to see how they are looking so far.

The appeal of sector-focused holding companies

AlpInvest Partners’ deal to acquire stakes in 17 digital marketing companies could be the tip of a very large iceberg.

Copyright PEI Media

Not for publication, email or dissemination