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.
Secondaries was the biggest driver of growth in AUM for the investment manager.
The alternatives manager is known for its focus on complex, concentrated deals via its strategic equity unit.
Brunel Pension Partnership has set up a £150m customised account with StepStone to make primary, secondaries and co-investments.
Backers of the the $829m restructuring include Coller Capital, Neuberger Berman and Hellman & Friedman.
The pension made around $500m of secondaries investments in the 12 months to end-March, down almost 90% on the previous fiscal year.
The $82.4bn private equity and private credit giant is one of several to have considered adding the strategy to its offering, Secondaries Investor has learned.
The team including partners Oliver Rochman and Rob Mailer comes from Morrison & Foerster.
Less competition and a likely increase in the number of smaller forced sellers could make 2020 a good vintage for niche players.
Institutions hurt by 'chronic corporate earnings disruption', such as university endowments, could come under pressure to sell on the secondaries market.
The firm's Vintage Real Estate Partners II is the third-largest RE secondaries fund yet raised.