GP-leds

If you’re a GP trying to figure out how to hold onto prized assets for longer, chances are you’ve had a call with Evercore’s Nigel Dawn.

A provision of a bill in the US House of Representatives that further limits favourable tax treatment of carried interest could make continuation funds untenable, a panel has heard.

The process involving Elion Partners is at least the third sizeable deal executed by Brookfield since entering the real estate secondaries market last year.

Secondaries market participants like Jeremy Coller, Yann Robard and Johanna Lottmann try to forecast how the sector will look in 10 or 20 years' time.

Unlike secondaries deals, mid-life co-investments do not require the creation of a new vehicle or resetting fund economics.

Buyers have become more selective and have emphasised the importance of alignment in GP-led deals, according to the advisory firm's latest survey.

The rapid growth of the secondaries market has created a war for talent, with the number of job moves increasing by 50% between 2019 and 2020.

Tikehau Capital acquired Singapore secondaries firm Foundation Private Equity in July, having entered the credit secondaries market in 2019.

Secondaries Investor has collected all of last month's deals in one place in this handy table.

The fund will be seeded by a portfolio of 12 GP-led investments made using the Canadian insurer's general account, Secondaries Investor has learned.