As traditional exit routes dry up – and with the IPO window seemingly shattered – finding a new source of liquidity is paramount. Once again, GP-leds look best placed to accommodate.
Coller Capital's founder said in 2017 his firm would only become multi-shareholder when he has grey hair; its deal with Hunter Point this week shows the firm is moving to its next stage of ownership.
While it’s still early doors, managers are beginning to shout from the rooftops when it comes to the returns they’ve produced from exiting assets in continuation funds.
Fewer continuation funds are charging super carry and there has been a decrease in average management fees, according to Paul Hastings, as buyers take a more selective approach.
What started with a dinner has ended up in a strategic collaboration between Campbell Lutyens and JPMorgan. Could such tie-ups become more common?
PEI’s latest GP-led Secondaries Report explores a market that continues to break new ground, despite 2022’s apparent slowdown.
A high-quality, single asset continuation fund transaction is a golden opportunity for cash-strapped LPs in search of liquidity. As a result, some transactions are having a hard time coming up with enough buyside capital.
The significance of a low take-up rate in a sponsor-initiated secondaries process isn't as cut and dried as it may seem.
Coller Capital is the latest firm to formalise its push to attract more individual capital – and provide such investors with a way to beat the J-curve.
Listed manager Bridge Investment Group is eyeing further secondaries strategy growth, particularly when it comes to its own area of focus: real estate.