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.
Ares’ roster of sponsor and LP relationships will enable Landmark to enter the credit secondaries market, do deals in Asia and raise larger funds.
The $197bn private credit and private equity giant follows TPG and Brookfield in looking to gain exposure to the rapidly growing secondaries market.
The tail-end secondaries specialist is investing its seventh fund, which closed last year on its $1bn hard-cap.
Compass Partners built its position in Rodenstock via two direct secondaries transactions funded by secondaries buyers.
The secondaries market features prominently in Redefining Private Equity in the 2020's, a report compiled by Credit Suisse's private fund group.
East Coast technology and healthcare investor Riverside Partners increased its GP commitment by $4.25m to strengthen alignment.
Secondary Fund IX is the largest raised by the San Francisco-based manager across its secondaries, fund of funds and direct co-investment platforms.
The manager will invest in smaller, off-market opportunities in the LP portfolio- and GP-led markets.
The secondaries giant has replaced Bregal Investments as the sole LP in the European buyout fund, allowing the GP to complete a spin-out.
Revelation Partners will invest in direct positions, LP stakes, GP-led deals and to provide follow-on capital in the healthcare sector.