The ICG-NewGlobe development highlights continuing shifts in the secondaries market.
Madrid-based Altamar has a broad Spanish-speaking LP base and is currently analysing Latin America’s secondaries market, says executive directors Ignacio de la Mora and Miguel Echenique.
Opportunities to offer employees liquidity in company shares are increasing, writes Industry Ventures' founder Hans Swildens and senior associate Ira Simkhovitch.
Early liquidity is becoming a common part of the venture capital landscape, says Benjamin Black, co-founder of direct secondaries firm Akkadian Ventures.
Direct secondaries are set to rise in Asia, where there are guaranteed exit options and more than 6 percent growth says Lucian Wu, the newly-appointed managing director in Auda’s Hong Kong office.
Details that emerged this week around Montana’s recent secondaries sales make clear why other US public pensions are increasingly following suit.
Few firms invest in biotech and life sciences secondaries because it can be difficult to evaluate the portfolios, says Johannes Rabini, managing director of Berlin-based Sobera Capital.
Reaching the €100m hard-cap for this year’s annual offering took just three months.
The use of leverage in the secondaries market has helped drive pricing and deal volume, but not all investors use the same type of leverage, explains Sunaina Sinha, founder of Cebile Capital.
The city’s police and fire pension has lagged on deploying its private equity secondaries allocation.