DE&I

Lydia Hao joins the asset manager in Hong Kong and will focus on primary funds, secondaries and co-investments.

The Japanese pension giant has received 23 proposals from private equity funds of funds in its first recruitment drive for external managers for alternatives.

In this extract from The Secondaries Market, Brian Mooney and Jeremy Joersz of Greenhill Cogent examine the changes in the sector over the last 20 years, and look at the types of market participants.  

In 2016 the death of Clessidra’s founder and figurehead threw the Italian firm into disarray and threatened to scupper a fundraising process. We meet the men charged with riding to the rescue

The changes will enable the $209bn public pension to participate in restructurings and other complex secondaries transactions.

The vast majority of investors are inquiring about diversity at private equity firms, while some of the largest LPs have started using specific disclosure forms.

Three advisors accounted for around half of the $40bn in deal volume last year, which saw an increase in GP-led restructurings and a rise in real assets deals.