Adam Le
There’s a little fee LPs must pay when making a late commitment to a fund, which can make some secondaries investments unviable.
Four executives from LGT Capital Partners speak to Secondaries Investor about its recent $6bn raise for LP stakes and concentrated deals.
The Strategic Partners unit is also in market with its debut GP-leds-focused vehicle.
The appointment comes as the Pablo Calo-founded firm expands with outposts in Singapore and Mexico City.
The secondaries giant is speaking to investors about its 10th flagship fund less than 16 months after having amassed $14bn for its latest vehicle.
The deal, which involves an online advice platform that owns Horoscope.com, shows the alternatives giant is wasting no time with its entry to the secondaries buy-side.
Steve Lessar, Veena Isaac and Konnin Tam speak to Secondaries Investor about how the asset management giant plans to deploy the $3bn it raised for its secondaries programme in March.
The health crisis has been an exogenous factor that has led some LPs to 'reassess from the ground up', according to the Blackstone unit's Europe head.
The Swiss interdealer-broker has hired two professionals to focus on the asset class, Secondaries Investor has learned.
The firm has hired four investment professionals to its US office over the past year as it seeks $3.5bn for its latest secondaries fund.