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.
Valuations and pricing have become closely linked as buyers put less emphasis on future upside when evaluating assets, according to Elm Capital.
The preferred equity specialist has been in market since the first half of last year targeting €1.8bn for its fifth fund.
A snapshot of law firms' secondaries work last year by volume, deal count, strategy and more in our latest annual report.
In part two of our mini-series on the impact of debt on secondaries deals during the coronavirus crisis, we examine how the steep decline of NAVs can have powerful implications for the future of the SPV leverage market.
Secondaries market leverage use is facing its first real test. Whether it passes will have implications for the future health and reputation of the industry.
The Asian secondaries specialist is targeting $300m to invest out of offices in Hong Kong, Shanghai and Mumbai.
The targeted hires include the bank's first dedicated secondaries professional in Europe.
The sovereign wealth fund giant had received interest from firms including Ardian over the sale of a portfolio potentially worth more than $2bn.
In the first of a series on the implications of leverage use by secondaries funds in a downturn, we look at fund-level facilities.
APG, Ardian, Strategic Partners and 17Capital are among the firms represented on sister publication PEI's list of the most impressive figures under 40.