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.
While there are advantages to using an M&A process to set the price of a GP-led deal, buyers should not wear the technology out.
The secondaries specialist, which merged with CVC Capital Partners in September, has created a new principal and three new vice-presidents.
Coller Credit Opportunities I came to market in May, targeting $750m, and is managed by partners Michael Schad, Ed Goldstein and Martins Marnauza.
Single-asset deals accounted for 52% of sponsor-led deals by volume in 2021, up from 38% the year before, according to the adviser's annual survey.
Chicago-headquartered RCP is in market with its fourth secondaries fund targeting North American lower-mid-market buyout funds.
The GP-led specialist, which recently became part of Tikehau Capital, acquired exposure to seven early-stage assets managed by Prime Venture Partners.
The team led by former Strategic Partners executive Wandy Hoh is targeting LP-led and GP-led deals in the infrastructure space.
These figures represent an increase of around 120% YoY, driven by pent up buyer demand and a steady stream of high-quality LP- and GP-led opportunities.
The four-strong Asia team, led by partner Vincent Ng, will continue to execute secondaries deals in the wake of Charles Wan's departure, the firm said.
The top-level hire is one of a team of four investment management lawyers to join from Minneapolis-headquartered Faegre Drinker.