Rod James
Rod James is a reporter with Secondaries Investor and also contributes to sister title PrivateEquityInternational.com. He is based in the London office. Prior to PEI, his roles included a stint as a freelancer covering fintech and transaction banking, CEEMEA capital markets reporter with EMEA Finance magazine, and editor of the Latin American political and economic risk team at IHS Global Insight.
Buyers are seeking deals structured with a profit-sharing component as market volatility takes hold, according to Gerald Cooper of Campbell Lutyens.
Goldman Sachs Asset Management is in market with its ninth private equity secondaries fund, having closed its predecessor on $10.3bn.
Goldman Sachs Asset Management currently invests in private equity and real estate secondaries through its Vintage family of funds.
A hard-cap close on Fund V would push the preferred equity specialist up to $14bn in AUM just seven years after being founded.
Certain types of deal may not require a fairness opinion, a case likely to be made to the regulator during the ongoing consultation period.
The niche firm's Fund IV will make individual investments of between $5m and $1bn, with the aid of co-investors at the top of this range.
Oaktree's parent company, Brookfield, has opened another front in its expansion strategy, having entered the real estate and infrastructure secondaries markets beginning in 2020.
The €2.1trn asset manager, Europe's largest, is targeting €1bn in secondaries AUM by 2025, Secondaries Investor has learned.
The European direct secondaries investor spun out of National Bank of Greece in 2016 in a process backed by Glendower and Goldman Sachs.
The 2021 annual advisory reports cover more facets of the market than ever. Here are some interesting findings, compiled by Secondaries Investor.