The secondaries firm is in market with its eighth flagship vehicle.
Whitehorse Liquidity Partners is a rising star of the preferred equity market, led by one of the industry’s most charismatic figures. What’s behind its success? A strategy treated as ‘genius’ by some and with wariness by others.
The firm backs restructurings in private equity and private real estate, among other complex deal types.
Buyers with an appetite for unfunded commitments could be an early beneficiary of coronavirus-related volatility.
Overall secondaries market volume is expected to drop by about 30% this year, according to a survey by Setter Capital.
Dave McClure plans to raise a fund to buy GPs' and LPs' stakes in micro VC funds.
The market is a rare bright spot amid coronavirus-related uncertainty, according to the firm's annual results call on Tuesday.
Vintage Real Estate Partners II held an interim close on $330m last year.
The real estate direct secondaries firm has already invested one third of Fund VII’s capital since its launch.
The secondaries firm is targeting €1.25bn for its fourth flagship fund.