Brian Cantwell
Demonstrating how much the secondaries market has changed, last year only 1% of activity was originated by distressed sellers, according to advisory firm Evercore.
The Allianz spin-out has deployed approximately €67m already, purchasing LP stakes in SME-focused European funds.
Four months of talks between GMT and its LPs to restructure GMT's Fund II are nearing a resolution, as GMT looks to get back on the fundraising trail to raise €400m for Fund IV.
Four secondaries funds closed on $2.3 billion in Q1, according to PEI data.
Adverse selection and portfolio concentration are the main risks LPs face in constructing co-investment portfolios, according to an Altius study.
The US-based secondaries firm has held a $1.1bn final close.
Based on Q1 activity, Hamilton Lane expects dealflow to hit $30bn this year.
The complex sale of CVCI fund interests by TRG includes Citigroup balance sheet, employee and client money that push it in excess of $2bn.
33 respondents to its Evercore's market survey planned to raise a collective $30.2bn this year.
Coller Capital chief executive Tim Jones explains the cycles of regulations and finance that could lead to banks re-joining the buy-side.