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.
Navigating FDI requirements is increasingly important to dealmaking in the secondaries market, write Timothy McIver, partner, and Anne-Mette Heemsoth, international counsel at Debevoise & Plimpton.
Opportunities abound for young talented women in the secondaries industry due to the diversity of the job itself, according to the senior managing director.
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.
Such transactions can generate liquidity for LPs, validate a mark and allow a GP to retain control of a well-performing asset, says Todd Miller of W Capital Group.
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.