Montana Capital Partners' co-founders speak to Secondaries Investor about doubling up on their latest fund and what a downturn could mean for complex deals.
This is the second GP-led process carried out on Doughty Hanson IV, the first of which HarbourVest Partners backed in 2015.
Proskauer's Nigel van Zyl discusses investment period and fund term extensions, in this extract from The LPA Anatomised.
The firm's latest fund is seeking around $2bn more than the target of its predecessor in a year in which some of the biggest names in secondaries have returned to market.
Greenhill's Bill Thompson has joined the firm's PCA group as co-chief executive alongside Nigel Dawn.
The French private investment unit's plans include a €175m 'hybrid fund of funds' with secondaries and co-investment pockets.
Tyler Zittergruen, a Chicago-based advisory professional, ranked 12th in Secondaries Investor's Young Guns of Secondaries Class of 2017.
Sven Lidén, who left the private equity firm after it was acquired by Schroders, has started his new role at the Swiss secondaries specialist.
In part 1 of sister publication Private Equity International's secondaries roundtable, market participants discuss restructurings, hybrid structures and why European GPs are leading the way.
Advisor Townsend recommends the $24.3bn sovereign wealth fund to turn its attention to 'unique situations' such as secondaries.