Some buyers will be licking their lips in anticipation of cost-cutting-driven sales this year.
What do we think we will be reporting this year?
Secondaries Investor’s weekly letters, published every Friday, induce fulsome agreement, righteous anger and everything in between. Here are some of the most read and commented-on of 2018.
HarbourVest Partners’ single-asset restructuring is a prime example of how – if all interests align – such deals can be a perfect prescription for old assets with residual value.
Goldman Sachs and Hamilton Lane's backing of a $1.35bn VC directs deal shows it is no longer a place where buyers struggle to write big tickets.
LPs worried about conflicts in fund restructuring situations may be reassured by Charterhouse’s sale of Comexposium.
The spin-out of ABN AMRO's private equity unit to form Capital A shows buyers are willing to accept less by way of secondaries assets if they really like the team.
Ambiguity around who pays for what when a vehicle comes to the end of its term could scupper growth in the GP-led secondaries market.
Submissions for 12 secondaries categories in sister publication Private Equity International's annual industry awards close next week.
There is a cohort of crisis-era funds which investors would be better off getting out of or re-incentivising their GP.