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.
The 10 largest secondaries funds in market are targeting a combined $70.5bn, compared with $39.45bn being sought by the largest debt funds, Secondaries Investor data show.
While the secondaries market may for many be just a portfolio management tool, the close relationship between LPs and GPs means the stigma of selling has not gone away completely.
The first in our look at firms challenging the status quo is Rivver – a firm that believes it can further narrow the illiquidity discount borne by private funds investors.
Strategic Partners Real Estate VII is targeting very mature assets in major cities, with potential for a quick sale.
The Carlyle subsidiary has backed a number of headline deals this year.
A secondaries fund is set to rank among the largest PE funds ever, and dealflow continues to soar; but don’t expect growth to be unconstrained.
Almost one fifth of LPs cite liquidity requirements as a motivation for selling fund stakes – a seven-year high – according to research by Montana Capital Partners.
COO of NewQuest Bonnie Lo discusses the Asian secondaries firm's blockbuster fundraise, co-investments and the appointment of a new head of its Indian operations.
The boutique secondaries firm is targeting $150m for Sweetwater Secondaries Fund II, Secondaries Investor reported last year.
The UK private equity giant has grown its exposure to discount retailer Action, whose exiting LPs achieved a gross multiple of 31.3x.