News & Analysis

The top-level hire will work with co-head Michael Woolhouse to build out the firm's secondaries team, Secondaries Investor has learned.

The appetite for recapitalisations of small numbers of high-performing assets is adding opportunities (and challenges) to the GP-led market, say Travers Smith partner Sam Kay and senior associate Ed Ford.

The firm is understood to have hired an executive recruitment company to find professionals to build its business.

The buyout shop is making a €300m investment from its latest fund in the process, which values Springer Nature at about $7bn.

The strategy should be known as private portfolio investing, says Morningside founding partner Henry Zhang, arguing the name better captures its actual activities.

Ares’ roster of sponsor and LP relationships will enable Landmark to enter the credit secondaries market, do deals in Asia and raise larger funds.

Yann Robard, Whitehorse Liquidity Partners’ founder, says his prediction by 2030 is perhaps a conservative estimate.

Innovation should drive the continued growth of the GP-led secondaries market, write Nigel Dawn and Ryan Rohloff in this sponsored article.

BlackRock Secondaries & Liquidity Solutions has completed over 15 transactions including single and multi-fund portfolios, GP-led restructurings and other complex deals.

The $197bn private credit and private equity giant follows TPG and Brookfield in looking to gain exposure to the rapidly growing secondaries market.