More and more PE managers are launching continuation funds to hold onto assets longer. How can you make sure your continuation fund is a success for both you and your investors?
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Declining multiples spell trouble for deals done in recent years, when valuations were at historic highs, said ex-Ardian secondaries head Vincent Gombault.
The presence of a US public pension system as a lead investor is a reflection of the growing sophistication and desire on the part of some big US public plans to take more direct roles in investment management.
The mid-market-focused boutique is one of several banks and financial advisers thinking about adding secondaries capabilities.
Close up shot red darts arrows in the target center on dark blue sky background. Business target or goal success and winner concept.
These transactions bring advantages for LPs, GPs, management teams and secondaries buyers, say partners in Pantheon’s global secondaries team in this sponsored Q&A.
JPMorgan secondaries appointment
Guggenheim Securities is taking another bite of the apple after the departure of its private capital advisory group in May.
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Alexandra Chauvin ranked 13th in Secondaries Investor‘s 2020 Next Gen Leaders listing of the most promising people in secondaries under the age of 36.
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Global Secondaries VI has a levered sleeve targeting returns of more than 20%, a feature more commonly found in credit funds.
Sponsors must ensure their own interests align with those of their existing LPs and the buyers to combat a rise in 'conflict washing', panellists at last week's Invest Europe forum warned.
GP led secondaries
Consistent market activity and deep domain expertise can help overcome the challenges associated with integrating continuation vehicles into a broader secondaries portfolio, says Partners Group’s Anthony Shontz.
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