Rod James
Cebile's goal is to be 'the market leader in PE mid-market GP-led deals and placement', founder Sunaina Sinha Haldea tells Secondaries Investor.
The $74bn alternatives manager is seeking approval for another office in the region, its 11th worldwide.
Presenting the results of our exclusive survey of advisors' deal activity last year based on transaction volume, GP-led/LP sale split and more.
The Swiss asset manager's private real estate Asia team has 20 professionals executing primary, secondaries and direct investments.
'If you go out five or six years, I think the secondaries market could easily double in size,' managing director Cari Lodge told Secondaries Investor in September.
Investors in Hopu Masterfund II can roll into a continuation fund with real estate investor and operator GLP China or sell their stakes in a deal that could be worth as much as $2bn.
The vehicle will launch 'imminently' and be led by partners Michael Schad, Ed Goldstein and Martins Marnauza, Secondaries Investor has learned.
The move comes amid a flurry of multi-billion-dollar GP-led deal launches in the region.
The secondaries firm was acquired by Ares Management in March and is targeting north of $10bn by 2022.
The astronomic rise of single-asset deals, GP stakes and the increasingly blurred line between M&A and secondaries were among the topics under discussion.