Home Restructuring

restructuring

Nordic’s Melinder: LPs need time in complex GP-led deals

What’s it like being the GP at the centre of the largest ever GP-led restructuring? Nordic Capital managing partner Kristoffer Melinder discusses key learnings from its transaction.

Coller and Goldman confirm Nordic Capital GP-led close

The close of the deal comes six weeks after Secondaries Investor reported the transaction was set to become the largest-ever GP-led restructuring.

Renegotiating the LPA: basics

Proskauer's Nigel van Zyl explains the key commercial, legal and investor relationship issues GPs need to consider before amending the agreement's provisions or restructure funds.

ICG returns seeking $1.6bn – exclusive

The firm's last dedicated secondaries fund, focused mainly on end-of-life processes, closed in April 2017 on $1.1bn.

BlueGem mulls GP-led process on first fund – exclusive

The firm, founded by an ex-Merrill Lynch Global Private Equity executive, is exploring a process involving its 2006-vintage fund which is heavily exposed to the UK consumer sector.

For private funds, the beginning is in the end

GPs need to show they can handle their end-of-life funds when raising a new fund.

Altamar on out-manoeuvring deployment headwinds

In February, Altamar Capital Partners hit a €541m final close on its latest secondaries fund. Managing partner Miguel Zurita speaks to Secondaries Investor about the fundraising and what to expect next.

Lazard: GP-leds could surpass $20bn

High pricing, more robust information and GPs being more actively involved in deals will lead to an increase of around 25%, according to research by Lazard obtained exclusively by Secondaries Investor.

India: fertile ground for GP-leds?

Asset and manager quality still pose problems for secondaries buyers in a market where many funds are coming to the end of their lives with large amounts of remaining NAV.

Nordic executes biggest GP-led restructuring – exclusive

Coller Capital and Goldman Sachs Asset Management will acquire around €1.5bn worth of net asset value held in the Scandinavian buyout firm's 2008-vintage fund.

Copyright PEI Media

Not for publication, email or dissemination