The advisory firm hopes its new structure and leadership team will leave it better positioned to meet the challenges ahead.
The Nordic private equity market is ripe with secondary opportunities
There’s a vacuum at the smaller end of the secondaries market, argue Capital Dynamics’ Joseph Marks and Sandro Galfetti.
There are a few dedicated sellers in the secondaries market today, but most are opportunistic, said Harken Capital Securities' vice president, Nick Hatch.
Leading secondary advisor UBS lost its chief Nigel Dawn, who later joined Evercore – setting up what could be an epic battle for mandates in the rest of 2013.
Talking to secondary market professionals about the dynamic in 2013, the term 'window of opportunity' gets thrown around a good bit. Many have been sitting around this year waiting for sellers to open that ‘window’ by coming to the market.
Private equity dealflow continues to stall in China – but so far it hasn’t yet prompted the hoped-for explosion in secondaries activity.
Evoco’s restructuring of an ailing private equity portfolio (backed by secondaries firm Headway Capital) illustrates one way that the industry can deal with its many dysfunctional funds.
Is the party over? Houlihan Lokey's Jeff Hammer and Paul Sanabria explore.
It’s not surprising LPs get irate about the terms of fund restructurings. But ultimately, they need to be grateful that the market is offering them some kind of way out.