Madeleine Farman
The investment bank's secondaries business has joined forces with Capstone under a new unit of the Japanese bank.
Lexington Capital Partners X is more than 60% larger than its predecessor, which closed on $14bn in 2020.
Market participants give their predictions for the secondaries market, noting that the amount of dry powder available will limit activity and leave buyers able to cherry-pick transactions.
Advisories with secondaries capabilities are proving particularly attractive in the race to offer clients a one-stop-shop.
A wider breadth of investors will take an interest in secondaries in 2024, market sources tell Secondaries Investor.
Banner Ridge Secondary Fund V closed well above its $1.4bn target and is 115% larger than its $1bn predecessor, Secondaries Investor has learned.
The size of the secondaries market will triple between now and 2030, the firm’s co-head of secondaries and primaries predicts.
Hayfin is running a secondaries transaction on an account managed on behalf of BCI, Secondaries Investor has learned.
Corporate and public pensions continue to divest from illiquid assets amid persistent overallocation pressure.
It's a bright picture for investor interest in the strategy, affiliate title Private Equity International's LP Perspectives 2024 study has found.