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Secondaries

An emerging opportunity

Recent GP-led deals involving emerging markets show buyers are taking these regions more seriously.

Alaska shops $1bn PE portfolio – exclusive

The $62.4bn sovereign wealth fund is working with advisor Evercore to sell the stakes, Secondaries Investor has learned.

NYPPEX: Deal volume hit $41.4bn in 2017

Last year was a record year for secondaries trading with a 10% year-on-year rise, according to estimates from the intermediary.

Crestline seeks $500m for late-stage PE fund financing

The fund can issue debt or preferred equity and buy fund stakes on the secondaries market, documents from a US pension show.

Ex-Greenhill Asia head resurfaces at Lazard

Dominik Woessner will be based in Singapore, where he spent 10 years in Greenhill Cogent's Asian secondaries advisory team.

Five things you didn’t know about Landmark’s latest PE secondaries fund

The fund has a 14-year life and 60% of the GP commitment will be put forward by the firm's parent.

LACERA seeks secondaries advisor in line with strategic change

The $48bn pension fund has proposed giving its CIO freedom to sell up to $500m in fund stakes per year without needing board approval.

Whitehorse targets Q1 close on second fund – exclusive

The preferred equity specialist is targeting $750m for Whitehorse Liquidity Partners II with a $1bn hard-cap, Secondaries Investor has learned.

Goldman seeks New York-based VP

The investment bank's AIMS unit wants to hire someone to evaluate secondaries private equity deals with a focus on valuations.

Why secondaries are not a free lunch: the myth of the J-curve

In the third part of our series, Cyril Demaria, head of private markets at Wellershoff & Partners, argues the wait for returns is not as long as people think.