Sao Paulo-based Spectra Investments sees more currency fluctuations than most. Its chief executive, plus professionals from NewQuest and Park Hill talk through the risks.
Emerging market GP-led deals are rife with difficulties but Carlyle’s name and the dynamics of the secondaries market suggest a deal can be done on its Africa fund.
The private equity giant approached secondaries buyers about acquiring LP stakes in its 2013-vintage Sub-Saharan Africa Fund and making a stapled commitment to its successor.
A handful of successful GP-led processes, involving household names such as CDC and Coller Capital, represent a significant step forward for the Indian secondaries market in 2018.
The firm is in late-stage talks with a potential backer to restructure its 2007-vintage New Europe Partners II vehicle, Secondaries Investor has learnt.