Firms & Funds

The health crisis has been an exogenous factor that has led some LPs to 'reassess from the ground up', according to the Blackstone unit's Europe head.

Ares Management's agreement to buy Landmark Partners could be the latest in a chain of consolidation moves in the secondaries industry. We examine the ownership of firms that comprise our SI 30 ranking to see who might be next.

The credit mammoth expects to cross-market strategies between its and Landmark Partners' respective client bases, chief executive Michael Arougheti said.

Apollo's deep knowledge of underlying credit investments is the 'real secret sauce' in a secondaries business, CEO Marc Rowan says on the firm's latest earnings call.

The private equity giant is looking at opportunities to acquire secondaries firms or set the unit up organically, according to co-president and co-COO Scott Nuttall.

Apollo’s entry into the credit secondaries market could add the dry powder needed for ignition.

Bracket Capital, which has made a name for itself from its deals in Lyft, Airbnb, Bird and Coinbase, sees opportunities growing in secondaries transactions in venture.

The firm has hired four investment professionals to its US office over the past year as it seeks $3.5bn for its latest secondaries fund.

The credit behemoth has earmarked $1bn of insurance client capital for its launch into private debt secondaries.

The Blackstone unit, run by global head Verdun Perry, is expected to hold its first close in H2 for Strategic Partners Fund IX.