Editor's View

Our in-house take on what news, trends and developments affecting the secondaries market means to its different participants. In these weekly commentaries we stir discussion and prompt debate as well as comment on issues important to market participants in a lively and thought-provoking way.

credit
The idea of having to foot a bill to the tune of millions of dollars to a loan secured by a fiction serves as a wakeup call to investors, lenders and GPs alike.
lens
Here are some key things to know about the asset management giant’s plans to build a holistic secondaries business.
umbrella
The firms crowned in all 12 of the PEI Awards secondaries categories have one thing in common – can you guess what it is?
rocket launch fail
Experienced GP-led secondaries professionals are in high demand, and we are unlikely to have seen the last on the subject of this week’s high-profile break-up.
innovation
Several advisors are looking at how special purpose acquisition companies can widen investor access to GP-led secondaries deals, though the obstacles are many.
lawsuit
The pandemic has thrown up some unexpected issues for secondaries market participants, including a sponsor who threatened litigation over a stapled deal.
documents
Several reports have come out giving a comprehensive view of the secondaries market in 2020. Here are some things you may have missed.
rocket
Lexington Partners’ tie-up with Moonfare could be the model that will allow secondaries firms to tap a lucrative new market.
wind power
A recent GP-led deal involving an evergreen structure represents a novel way for infrastructure investors to hold on to assets. The question is whether such transactions can scale.
crystal ball
With a record $95.6bn raised for secondaries vehicles last year, the question is how the fundraising party will carry on.
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