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Secondaries

Sentiment dampened slightly in 2019, with cost concerns around GP-led deals a sticking point, according to PEI's LP Perspectives survey.
gavel
The New York attorney-general has filed a lawsuit against Allen, who runs a secondaries fund and a secondaries intermediary business, for allegedly misappropriating more than $13m.
Private debt
The credit fund secondaries market could be huge. The question is ‘when?’
survey
An increased need for liquidity and a lack of enthusiasm for preferred equity are two trends that emerge from the secondaries firm's latest investor survey.
Pantheon
Rakesh Jain will help lead the firm's expansion in private credit primaries, secondaries, co-investments and special situations.
Aberdeen Standard
Graham McDonald is leaving as part of a PE and VC restructuring process, the firm tells PEI.
The 10 largest secondaries funds in market are targeting a combined $70.5bn, compared with $39.45bn being sought by the largest debt funds, Secondaries Investor data show.
crack, goodbye
While the secondaries market may for many be just a portfolio management tool, the close relationship between LPs and GPs means the stigma of selling has not gone away completely.
Development of seedling growth Planting seedlings young plant in the morning light on nature background
Assets that are typically two-to-five-years old could account for 85% of total annual deal volume by 2023, according to Partners Group's latest market outlook.
The firm will return to market after closing its latest primaries vehicle next quarter, Secondaries Investor has learned.
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