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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.

Asia’s secondaries boom

The region looks like it is fulfilling its long-held promise; the question is whether the breakthrough will last.

Deal-by-deal directs players have a bigger role to play

This rare breed of secondaries player could help push tricky fund recapitalisations over the line.

What the mid-year reports tell us about the market

Dealflow is being driven by LP strategic shifts, while almost $200bn of buying power is building up in secondaries.

Why the Providence deal could open the American floodgates

A GP-led transaction from a healthy North American manager could prise open a massive market.

Why Phaunos is stonewalling Stafford

Stafford Capital Partners has lodged a $244m hostile bid for a timber fund it used to manage, but the fund is holding out.

Single-minded

The rise of the single-asset fund restructuring shows a maturing secondaries market.

The arrival of the non-traditional player

Pensions and sovereign wealth funds are giving traditional buyers a run for their money.

Colony and Abraaj: who, what, when, where and why?

The real estate investment firm owned by Tom Barrack agreed this week to buy part of the ailing Abraaj business. What do we know?

The land of the 41% discount

Latin America is poised for increased deaflow at decent discounts, according to Spectra Investments' Ricardo Kanitz.

NewQuest’s Massara on its stake sale to TPG

Darren Massara, a managing partner at Asian direct secondaries specialist NewQuest Capital Partners, tells Secondaries Investor why the firm chose to sell a significant minority stake to TPG and what’s next in terms of expansion and new strategies.

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