Technology

The €2.1trn asset manager, Europe's largest, is targeting €1bn in secondaries AUM by 2025, Secondaries Investor has learned.

The $500m deal centred on Micross Components, which has grown its revenue 10x over the last five years.

The 2021 annual advisory reports cover more facets of the market than ever. Here are some interesting findings, compiled by Secondaries Investor.

The firm is expected to hold the final close on its latest programme before end-June.

This largely institutional market has seen a spike in enquiries from family offices and high-net-worth individuals, according to speakers at the Fund Finance Association Symposium.

A growing number of liquidity providers are looking for a piece of the private wealth market, all trying to demonstrate a distinct edge.

Hiive, a trading platform for stakes in privately held companies, is led by former Setter MD Sim Desai and aims to launch in the spring.

While there are advantages to using an M&A process to set the price of a GP-led deal, buyers should not wear the technology out.

Chicago-headquartered RCP is in market with its fourth secondaries fund targeting North American lower-mid-market buyout funds.

Despite the shift to newer vintages, early distributions and higher IRRs remain important to secondaries investors, said managing director Cari Lodge.