Madeleine Farman
Madeleine Farman is a senior reporter for PEI Group’s Private Equity International and Secondaries Investor titles, based in London. Prior to joining PEI, she had covered private equity, private capital and advisers associated with the industry for other newsrooms and publications since 2016. Originally from New Zealand, Madeleine began her career in radio in Auckland.
In this third episode of the Decade of Secondaries Investing miniseries, Goldman's Harold Hope and Lazard's Holcombe Green discuss how continuation fund technology has developed to facilitate single-asset continuation funds and the runway for further growth.
Manulife Investment Management’s GP-led secondaries programme will seek out concentrated deals from the large-cap space through to the lower mid-market.
Capital raising for private equity secondaries strategies plummeted 77% year-on-year for the three months to end-March, according to PEI data.
The SEC’s decision to grant Coller Capital and Pantheon permission to shop their secondaries-focused evergreen vehicles to high-net-worth investors could prompt more players to follow suit.
The mid-market specialist is seeking €1.5bn for Unigestion Secondary VI, according to Secondaries Investor data.
The new secondaries buyer founded by Mantra’s former head of secondaries Fabrice Moyne has an opportunistic and flexible approach across structures and strategies, its partners say.
CVC Capital Partners has kicked off plans to list on Euronext Amsterdam. It is expecting to raise a minimum of €1.25bn via the IPO.
The secondaries industry is stepping up its reporting of the performance of continuation fund exits as the supply of opportunities continues to outstrip the available capital for these deals.
LPs will be given the option to roll or sell on CVC’s continuation fund process for Multiversity, which is understood to be €1.5bn-€2bn in size, Secondaries Investor learns.
ICG LP Secondaries Fund I has completed seven transactions and is already around 50% committed.