Guest Writer
Infrastructure secondaries will benefit from the same drivers of turnover as the private equity market, write AXA IM Prime's Jean-Pascal Asseman and Faraz Qureshi.
Secondaries options can provide immediate compensation for start-up employees, boosting motivation, enticing future hires and restoring team momentum, writes Nate Leung from Sapphire Partners.
Helping to close the liquidity gap will create a boom for both the secondaries and primary markets, writes Coller Capital's founder and chief investment officer.
Stephenson Harwood's Gabriel Boghossian and Sarah de Ste Croix outline four main ways continuation funds in the real estate sector differ from their private equity cousins.
Lawyers from Skadden, Arps examine how sale and purchase agreements have evolved to better fit sponsor-initiated processes.
Andrew Gofton-Salmond, UK head of W&I at Mosaic Insurance, and Gabriel Boghossian, head of secondaries at Stephenson Harwood, explore the growing use of W&I insurance as a way of de-risking GP-led secondaries transactions and highlight some pitfalls to avoid.
The secondaries market is not just expanding, it’s also changing the entire real estate market, explains Kilian Toms, managing director, real estate partners strategy, at CBRE Investment Management.
Updates to how effectively connected income is treated may lead to an easier and more standardised process for secondaries transfers, argue lawyers from Macfarlanes.
A focus on secondaries can deliver strong advantages for new open-end private equity funds, writes Nadim Vasanji, a managing director at Northleaf Capital Partners.
When it comes to fund debt, lenders and borrowers need to consider their unique features to create a workable facility, write lawyers from Mayer Brown.