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.
Latham & Watkins has hired a Kirkland & Ellis partner to help boost its secondaries capabilities.
Triton will look to carve out four assets from its 2013-vintage fund to provide additional capital for further investment in the businesses.
While initial secondaries volume estimates point to a record first half, expectations for full-year 2022 may have to be revised downward.
The departure of Christian Diller comes a year after the Baar-headquartered secondaries buyer was acquired by asset manager PGIM.
Fabrice Moyne had been at the Paris-headquartered niche secondaries buyer, which is investing its third fund, for more than 11 years.
The $1.5bn deal is part of a plan to transform South Korean cement maker Ssangyong into a plastics recycling giant.
The firm targets growth assets via GP-led deals, highly concentrated LP stake trades and preferred equity.
The asset manager, which has $170bn in alternatives AUM, is revisiting the strategy having last raised a dedicated secondaries fund in 2016.
The law firm has hired a fund finance specialist to take advantage of asset-backed lending, which has become an increasingly popular alternative to secondaries sales.
The adviser and placement agent sees a growing opportunity in the US lower middle market, particularly in preferred equity.