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A few years ago there were doubts about whether the credit secondaries market had become fully established. There seems little room for such a view these days, writes Daniel Roddick of Ely Place.
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.
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