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ABCs of fund finance: credit facilities for secondaries and FoF

Sponsors of secondaries and funds of funds should be mindful of several key issues that can arise when structuring and negotiating these financing arrangements, according to law firm Dechert.

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.  

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.

Infra secondaries: pricing, sourcing and due diligence

Partners Group's Dmitriy Antropov discusses the strength of asset pricing, the best ways to source deals and the skill set required for due diligence in this third extract from The Secondaries Market.

Using SPVs for portfolio rebalancing and pricing discounts

Special Purpose Vehicle structures can be useful tools for secondaries transactions, according to Shawn Schestag, managing director at Sixpoint Partners.

Scoring sentiment: Rede’s Zafir on aged primaries and liquidity

Secondaries Investor recently caught up with Yaron Zafir, head of secondaries at London-headquartered Rede Partners, about the findings of the advisory firm's liquidity report and the increase of aged primaries deals.

Tail-end liquidity in infrastructure secondaries

Partners Group's senior vice-president of private infrastructure, Dmitriy Antropov, discusses the growth of tail-end liquidity solutions in the asset class, in this second part of an extract from The Secondaries Market.

Infrastructure secondaries: overview and participants

Partners Group's senior vice-president of private infrastructure, Dmitriy Antropov, discusses the unique characteristics of the space's secondaries market, and who the major participants are.