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Evercore on re-buying winners in secondaries

Single-asset transactions, a growing part of the secondaries market, can offer unique benefits to all parties, write Evercore’s Nigel Dawn, Francesca Paveri and Dave El Helou.
Abe Finkelstein

We just closed our new fund and already an investor wants out?

The little known ‘low-funded secondary’ can help GPs in the short and long term, writes Vintage's Abe Finkelstein (pictured).
glass slipper

The private equity secondaries market: a Cinderella story

The secondaries market's transformation into a $70bn market is due to both a wave of the Fairy Godmother’s wand and the payoff for years of scrubbing floors, write Houlihan Lokey's Jeff Hammer and Paul Sanabria.

ILPA’s GP-led guidance comes with implementation challenges

Disclosure, the role of the LPAC and status quo options may make some GP-led restructurings unaligned with the industry body's guidelines, according to Cleary Gottlieb.

How GPs can take the lead on GP-leds

On the heels of ILPA’s recent best practices on GP-led secondaries, BRG’s Finbarr O’Connor and Gavin Farrell take a practical look at issues important to LPs, and how GPs can address the guidance as they formulate transactions.
Arc de Triomphe, Paris

Access Capital on how to decide when to sell FoF stakes

Co-founder Agnès Nahum and partner Alexandre Delos discuss how the firm uses secondaries as a portfolio management tool and how fund duration and market cycles influence its decision to sell stakes.
money

The cost of restructuring a fund

Tom Angell, partner at financial services firm WithumSmith+Brown, dissects the results of sister publication pfm's Fees & Expenses Benchmarking Survey.

Who really benefits from single-asset transactions?

As the market evolves, the lines between direct secondaries and secondary buyouts are becoming increasingly blurred, writes Rede Partners' head of secondaries Yaron Zafir.

Yann Robard’s 7 tips for young secondaries professionals

As we release our Young Guns of Secondaries Class of 2018 ranking, secondaries veteran Yann Robard shares his advice for young people eyeing a career in the industry.
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