The firm's $841m acquisition of preferred equity stock in a midstream natural gas company shows infrastructure deals come in all shapes and sizes.
The rise of GP-led secondaries is raising interesting questions about the level of returns LPs should be expecting, say Investec Fund Solutions' Ian Wiese and Michael Zornitta.
Tikehau Capital acquired Singapore secondaries firm Foundation Private Equity in July, having entered the credit secondaries market in 2019.
GPs can be at the mercy of even the weakest connections to adherence to ESG standards – real or perceived.
Once the domain of private equity, the secondaries industry is now gaining momentum in infrastructure, debt and real estate, says Northleaf managing director Mike Flood.
Last year's transformative year is creating many market opportunities, according to executives from the advisory firm in this sponsored Q&A.
The normalisation of continuation funds, the pervasiveness of secondaries technology and the opportunity for retail capital are three areas that have caught our attention in recent weeks.
The Hong Kong-based partner reflects on how debt secondaries are maturing in Asia-Pacific and his role in Ping An and Coller Capital's recent credit secondaries deal.
A successful fundraising by the secondaries business would help to prove investors are not concerned about a conflict of interest.
Recent fundraises for timberland secondaries and GP-led European strategies illustrate a growing trend.