Ropes & Gray has broken Kirkland & Ellis’s stronghold on the secondaries market amid a continued shift toward sponsor-initiated deals.
The Boston-headquartered law firm advised on $146 billion-worth of secondaries transactions in the year to end-October across recapitalisations, preferred equity deals, single-asset recapitalisations, spin-outs and classic secondaries deals, according to the Secondaries Investor Law Firm Survey 2023.
To access this survey, as well as ones stretching back to 2017, click on the tiles below.
LATEST SECONDARIES INVESTOR HEADLINES
ICG LP Secondaries secures over $200m portfolio from UK pension Cummins
The transaction marks the fourth transaction from ICG LP Secondaries Fund I, Secondaries Investor understands.
Bank failures boost demand for Industry Ventures’ 10th secondaries fund
The VS secondaries firm's 10th flagship has closed on $1.45bn, making it 70% larger than its previous effort.
Kline Hill, Goldman, Morgan Stanley back GEC’s energy secondary
Infrastructure and real assets accounted for around 9% of estimated total volume in the first half, according to Greenhill & Co’s latest volume survey.
Pollen Street runs $1bn continuation fund on insurance assets
Three buyers co-led the novel transaction involving insurance asset Markerstudy, which was separately involved in an M&A process.
Partners Group steps up as buyer on $1bn-plus CDPQ secondaries sale
The deal is understood to be Partners Group's largest secondaries deal on a total adjusted commitment basis.
If you do not receive this within five minutes, please try to sign in again. If the problem persists, please email: