Secondaries capital that comes with deep sector expertise may define the next iteration of the GP-led market.
Private equity continues to face a liquidity crunch. Could a new technology for exits be on the horizon?
Three infrastructure managers were snapped up during a week where Pantheon has raised the market's biggest ever secondaries fund focusing on the asset class.
Banner Ridge reached a $2.15bn final close for its latest flagship fund this year, smashing its $1.4bn target.
The firm's $22.7bn haul this week comes at a time when institutional investors are assessing the opportunity cost of their investments.
Advisories with secondaries capabilities are proving particularly attractive in the race to offer clients a one-stop-shop.
'Much like covid variants, 2023’s challenges will evolve and expand as we head into 2024, and some might even abate.'
In 2023, continuation funds spread to geographic markets anew and niche strategies such as impact funds, while increasingly involving complex situations and assets.
Two historic fundraises in the space of a week tell us much about where real estate investors see opportunities for returns in a fractured market.
Market disruptions can motivate large investors to evaluate how they generate liquidity, oftentimes leading to repeat sales, according to Strategic Partners' global head.