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Thought leadership from the secondaries sector’s leading voices including legal experts, industry veterans, asset class specialists (from real estate to private equity) and academics.

barbed wire fence

Caspersen’s out of prison; has anything changed?

The release of former restructurings expert Andrew Caspersen should remind the private equity industry more scrutiny is a good thing.
Stephen Moseley, director of investments at APFC

Why Alaska Permanent is avoiding secondaries… for now

The market is too competitive and those who bought stakes after the global financial crisis look like 'super smart money' now, the $65bn fund's director of investments Stephen Moseley tells Secondaries Investor.
liquidity

Private equity needs to become a liquid asset class and here’s why

LPs not proactively managing their mature fund commitments are incurring potentially huge opportunity costs.
Africa

Carlyle’s Africa fund is a prime candidate for a GP-led secondaries process

Emerging market GP-led deals are rife with difficulties but Carlyle’s name and the dynamics of the secondaries market suggest a deal can be done on its Africa fund.

Buyers anticipating a Japanese free-for-all may have to wait

Norinchukin Bank’s $5bn portfolio sale is driven by regulation, but it may well be some time before similar deals come to market.
Aerial view of supported hands out together

Blackstone’s impact success hinges on its secondaries relationships

The private equity giant's push into impact investing relies on the GP relationships and fund commitments its Strategic Partners unit has built.

What lawyers think about stapled deals

The impact of SEC attention, the right way to get a fairness opinion and the growing influence of the LPAC – just some of the topics discussed on Secondaries Investor’s upcoming stapled deals podcast.

Pomona Capital: The evolving secondaries market

Secondaries firm Pomona Capital celebrates its 25th anniversary this year. Chief executive and founder Michael Granoff discusses how the secondaries environment and Pomona have evolved and what he sees for the future
binoculars

A sneak peek at PEI’s upcoming secondaries roundtable

More mega-deals, the pros of a market downturn and how participants are dealing with limited resources – just some of the topics discussed at sister publication Private Equity International’s recent roundtable.
jigsaw, challenge

ILPA’s GP-led guidance comes with implementation challenges

Disclosure, the role of the LPAC and status quo options may make some GP-led restructurings unaligned with the industry body's guidelines, according to Cleary Gottlieb.
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