Secondaries is a strategy open to several hidden risks and investors need to be aware of potential pitfalls.
The veteran of Landmark Partners has launched a secondaries-heavy fund aimed at high-net-worth investors.
PTP rules can prove a real pain to LPs that want to sell fund stakes. It’s worth GPs doing all they can to get around them.
The fourth instalment of our list of the most impressive industry professionals under 36 is our most diverse.
Evercore's half-yearly report highlights a notable decline in the proportion of LPs choosing to sell in GP-led processes. This could be indicative of profound, longer-term changes.
With half the market on the beach, it’s time to take stock. These are the stories that generated most interest on Secondaries Investor in the first half of the year.
First-half figures suggest another record-breaking year for secondaries deal volume, despite softer pricing and lower LP take-up in GP-led deals.
Recent deals involving Bluegem Capital and Warburg Pincus have put a new spin on single-asset restructurings, raising interesting questions for LPs.
Buyers are used to dealing with currency or concentration risk, but information asymmetry is trickier to price.
Note to sellers: A portfolio containing managers with robust ESG policies is a more enticing proposition.