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.
The Madrid-headquartered asset manager excluded the fund's GP commitment from its hard-cap on the back of strong late demand from German LPs.
The firm entered the private equity secondaries market in April and led its first deal in May, involving an Alpine Investors portfolio company.
The Munich-headquartered manager's first dedicated secondaries fund targets small and mid-sized opportunities on an LP- and GP-led basis.
The investment bank has added a New York-based senior vice-president and an analyst from Campbell Lutyens and Citi, respectively.
Portfolio Financing Fund II does preferred equity- and NAV-based lending deals for funds in the private equity, real estate and infrastructure markets.
Family offices continue to make up a small percentage of sellers in the secondaries market, though the GP-led market is forcing them to think about their portfolios in a new way.
Evoco has raised €162m to acquire portfolios of companies in the European lower-mid-market, with a particular focus on German-speaking countries.
Debevoise advised on roughly $18bn of secondaries transactions during 2020, a vast majority of which were GP-led processes.
Tech, infrastructure and credit deals make an appearance in this year's list, testament to the broadening and deepening of the secondaries market.
It is the second continuation fund deal carried out by the Montreal-based GP, which in October extended its runway with software company Syntax Systems Group.