Madeleine Farman
Dawson believes it can differentiate itself in a rapidly growing secondaries market by using scale, founder and managing partner Yann Robard tells Secondaries Investor.
ICG and Manulife closed on their respective debut LP-led and GP-led vehicles this week. Both firms believe the secondaries market will continue to specialise in this way – they’re just early adopters.
Manulife Investment Management has held the final close for its debut vehicle, private equity-focused Manulife Strategic Secondaries Fund.
Including co-investment vehicles and SMAs, the firm’s LP secondaries strategy has received total commitments of $1.6bn.
Secondaries firms should develop vehicles capable of providing liquidity for a wider variety of players within the infrastructure space, says HarbourVest’s Diego Jimenez at PEI Group's Infrastructure Investor Network Global Summit.
Kaiser Permanente has returned to the secondaries market with its third billion-plus portfolio in three years. As first-timers come to market, the secondaries market is hopeful more LPs will take a regular approach in the years to come.
The firm is seeing two- to three-times more secondaries deal flow than it had for the previous programme, Asia chairman Kevin Lu said at the Milken Institute Global Investor’s Symposium on Tuesday.
In this podcast, Secondaries Investor's Madeleine Farman, Adam Le and Hannah Zhang dig deeper into the latest advisory reports, discussing key trends seen last year and how this could translate into dealmaking this year.
The continuation fund for global life science ingredients distributor Barentz is understood to be around €850m in size.
Following an era of innovation, secondaries now enters an age of capitalisation with new entrants joining the market, secondaries professionals told PEI Group’s NEXUS summit in Florida.