Stacks of US dollar notes
LPs are expected to increase sales of their portfolios over the coming year, which could bode well for secondaries funds.
Illustration of a red bag with a white pound symbol on it being held out by a businessperson's arm
Secondaries buyers estimate there is around $14bn to $16bn or more of LP portfolio sales on the block, with anticipation of much more to come.
Presenting the first instalment of Second Thoughts, a special series from Secondaries Investor that delves into the latest trends affecting the fastest-growing market in alternatives.
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Inventory flowing into the market is expected to drive volume beyond the estimated $103bn total for 2022.
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Fund finance specialist elevates personnel across five teams.
London skyline
This is the first outpost after the preferred equity specialist's Toronto headquarters and comes as the firm seeks $5bn for its latest flagship.
A Stafford Capital Partners-led consortium allowed the manager to do a ‘super-efficient’ exit for its greenfield fund.
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The CFO’s assets consisted of interests in Tikehau’s own debt funds as well as third-party managed private debt funds originated by the firm’s private debt secondaries strategy.
Ashbridge Transformational Secondaries Fund II is nearly four times larger than its predecessor, which closed on $675m in 2018.
A personnel puzzle
New equity and debt capital was raised on a GP-led structured secondaries deal for RFE Investment Partners’ asset ZRG in an Atlantic-Pacific Capital-advised deal.
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