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.
The EIF began backing LP-led transactions in buyout funds and hybrid debt-equity funds before investing in GP-leds in 2017, head of secondaries Joaquín Alexandre Ruiz Tarré tells Secondaries Investor.
More than one in four GPs used the secondaries market to extend hold periods, while a further 18% were enticed by unfunded commitments, according to the investment bank.
Private equity continues to face a liquidity crunch. Could a new technology for exits be on the horizon?
The buyout and growth firm is the lead buyer in the GP-led deal – the latest example of a non-secondaries firm backing a secondaries deal.
UK-headquartered buyout firm Preservation Capital Partners has moved its stake in specialty insurance and reinsurance broker BMS Group into a continuation fund.
The Paris-headquartered buyout shop is 'absolutely ready to do a deal', having secured capital for investments, co-heads Michal Lange and Sebastiaan van den Berg tell Secondaries Investor.
Committed Advisors Secondary Fund V surpassed its target and is significantly larger than its €1.6bn predecessor.
Banner Ridge reached a $2.15bn final close for its latest flagship fund this year, smashing its $1.4bn target.
Northleaf collected $1.3bn – above its $1.25bn target – for its latest private equity-focused secondaries fund last year.
The acquisition lays the foundation for a one-stop shop for clients of both organisations, according to Andy Lund and Matt Swain.