Marine Cole
Akina Partners teamed up with Professor Oliver Gottschalg of HEC Paris to find out what the optimal private equity portfolio looks like.
Since May, the pension fund has performed an evaluation of future expected value of its stake in JLL Partners V and in controversial payday lender ACE Cash Express.
Vitulli spent about a year at Landmark Partners before joining the advisory firm as a managing director.
Talking to market participants in Chicago this week, three clear themes emerged: buyers are becoming sellers, restructurings are here to stay and return expectation are way down.
The advisory firm will also be able to take advantage of Greenhill’s primary real estate capital raising business going forward.
The firms were the only ones rated excellent by Setter Capital in its list of 35 most sought-after US mid-market buyout managers.
Secondaries market participants told attendees at a private equity conference in Chicago this week that transaction volume for 2015 could surpass last year's figure.
The private equity firm purchased a $30m stake from a Middle Eastern limited partner.
Despite the growing popularity of GP-led restructurings, they still represent only about 10 percent of the private equity secondaries market, Luca Salvato, investment partner at Coller Capital, said at a conference this week.
Portfolios of funds that were impacted by the global financial crisis are now ripe for picking, according to Michel Galeazzi, co-founder of Zurich-based Evoco.