Home LP Sales

LP Sales

digital image of an eye
Four ways the AI and machine learning-focused firm is deploying its tech-enabled secondaries system in the LP portfolio market.
Union Jack flag with blue sky background
British defined benefit pension schemes have been selling private markets exposure over the past year, though not under duress.
John Gray
Jonathan Gray’s contention, that discounts on LP portfolios could increase, runs contrary to the trend this year of strengthening pricing.
college students
The sale is being run in steps, with the first round of about $500m recently closed.
empty classroom
The teachers’ pension portfolio is among several that have moved through the market this year, helping to drive secondaries volume even as activity on the GP-led side of the market remained muted.
Night Map of United Kingdom with City Lights Illumination. 3D render
The transaction marks the fourth transaction from ICG LP Secondaries Fund I, Secondaries Investor understands.
canadian flag
The deal is understood to be Partners Group's largest secondaries deal on a total adjusted commitment basis.
LPs are facing a difficult choice as they balance liquidity challenges with the deep discounts on offer in the secondaries market.
Generative artificial intelligence is being applied to private markets at breakneck speed. The biggest hurdle to applying these software tools to LP secondaries trades is the market’s lack of standardisation.
Blue alarm clock and a bundle of dollars on scales. Fair hourly wages. Time tracking. Deposit, money investment. Profitability and return on investment. Rental. Balance between life and career.
There’s an interesting dynamic playing out in the secondaries market that suggests LPs’ thinking about how to manage their portfolios is evolving.

Copyright PEI Media

Not for publication, email or dissemination