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Increasing interest from institutional investors in secondaries has not yet materialised in transaction volumes, writes James Jacobs, head of real estate for Lazard’s private capital advisory group.
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Mike Harris and Mike Jaworski, managing directors at CREModels, outline tips for real estate investors seeking to maximise returns and ferret out risk.
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Navigating FDI requirements is increasingly important to dealmaking in the secondaries market, write Timothy McIver, partner, and Anne-Mette Heemsoth, international counsel at Debevoise & Plimpton.
Small green door
Such transactions can generate liquidity for LPs, validate a mark and allow a GP to retain control of a well-performing asset, says Todd Miller of W Capital Group.
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More investors are looking to sell fund interests as the need for liquidity bites, writes James Jacobs, head of real estate for Lazard’s private capital advisory group.
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Hans Swildens, Jonathan Ting and Wade Cobb of Industry Ventures give six predictions on the rapidly growing VC secondaries market.
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Hans Swildens, Jonathan Ting and Wade Cobb of Industry Ventures explain how the VC secondaries market has come to be worth nearly $130bn.
GP led secondaries
Any attempts to streamline the GP-led process should provide guardrails, write Maurice Gindi, Kenneth Blazejewski and Sophie Smith from law firm Cleary Gottlieb.
Secondaries transactions in the asset class often bring more direct and indirect tax issues than those in private equity, write Macfarlanes' James McCredie and Sarah Shucksmith.
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