Legal

The appointments are the latest in a string of secondaries lawyer moves to firms such as Fried Frank and Sidley Austin.

Jacqueline Eaves will join the law firm's private equity and private investment funds practices in London.

Amanda Butler-Jones plays a 'leading role' in the law firm's relationship with the secondaries and liquidity solutions group of a large asset manager.

Adam Freedman joins the firm following the departure earlier this year of its former compliance chief.

Latham & Watkins has hired a Kirkland & Ellis partner to help boost its secondaries capabilities.

The deal totalled somewhere in the range of $2bn to $2.5bn, making it one of the largest deals of the year.

Sponsors or GP-led secondaries processes should take care in the language they use to explain why they want to hold an asset for longer, writes Thiha Tun, a partner at Dechert.

The deal is among a handful of GP-led secondaries processes that have moved through the market, which has become more challenging because of pricing uncertainty.

Trying to standardise terms in a fast evolving industry is a complicated and worthy endeavour.

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