Firms & Funds

We surveyed 90 fund managers and lawyers to ascertain how the industry could be affected by changes to carried interest. 

The fund was targeting $550m to invest in smaller, less competitive secondaries deals across private equity, venture capital and natural resources.

Pioneering Coller is one of the few remaining independent secondaries firms of scale after a frantic year of M&A activity.

Tikehau Capital acquired Singapore secondaries firm Foundation Private Equity in July, having entered the credit secondaries market in 2019.

The secondaries specialist, which spun out of Deutsche Asset Management, is at least the fifth secondaries firm to be subject to an M&A process this year.

The alternatives giant's vehicle would be the second-largest pot of capital dedicated to the strategy so far.

Once the domain of private equity, the secondaries industry is now gaining momentum in infrastructure, debt and real estate, says Northleaf managing director Mike Flood.

Strategic Partners Fund IX is likely to be one of the largest ever secondaries funds, with a target of $13.5bn.

This year’s ranking of the industry’s biggest secondaries fundraisers is larger and broader than ever.

Community organisers cited the secondaries firm's 2019 investment in Pretium Partners, whose portfolio company HavenBrook is facing scrutiny.