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Secondaries

Single-asset deals: the case for making concentrated bets

Single-asset restructurings have exploded in popularity over the past 12 months, but are not to everyone’s taste.

Arcano and Adveq among backers of Emeram GP-led – exclusive

The German GP is understood to be working with advisor Park Hill on a tender offer process on its sole fund.
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Landmark: the critical aspects of a fund restructuring

GP-led deals are on the rise. How does this growth compare with historical levels, and what do these liquidity solutions look like from a secondaries investor’s standpoint? Landmark Partners’ Jamie Sunday and Ian Charles explain.
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DWS makes promotion to director

The firm formerly known as Deutsche Asset Management, which is in market seeking $500m for secondaries, has promoted London-based Rodrigo Patiño.
Pablo Calo

Park Hill’s Pablo Calo to leave firm – exclusive

The group's head of secondaries advisory international and more than two-decade industry veteran has held roles in New York, Buenos Aires and London.

Connecticut to boost diversification via secondaries

The $31bn Connecticut Retirement Plans and Trust Funds will also consider sales of interests in funds managed by discontinued GPs.

Glendower acquires stakes from Swiss insurer

The portfolio put on the market by Swiss National Accident Insurance Institution includes stakes in funds managed by Bridgepoint and 3i.

LACERS opens door to secondaries trades

The LP has restructured its private equity portfolio, increasing its commitment capacity to the strategy and to emerging managers, and it can now sell interests on the secondaries market.

HarbourVest makes senior secondaries promotions

The Boston-headquartered firm, which is seeking $6.5bn for Dover Street X, has promoted Edward Holdsworth to managing director and added several principals.

Evercore promotes two to MD

The promotion of Francesca Paveri and Jasmine Hunet means that all three MDs in the London-based secondaries team are now women.

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