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Several firms have added secondaries capabilities, either by building in-house groups or acquiring outside firms, like Ares Management, which bought Landmark Partners earlier this year.
Ardian acquired a majority of the portfolio, offloaded to crystalise returns after a fiscal year in which Harvard's PE portfolio returned 77%.
Mike Custar and Jake Stuiver of White Plains-based secondaries advisory M2O discuss the return of the LP market as a counterweight to GP-led deals.
The asset manager is targeting space left by the ballooning mega-fund market, according to documents from US public pension fund VCERA.
Strategic Partners Fund IX is likely to be one of the largest ever secondaries funds, with a target of $13.5bn.
Venture capital and infrastructure secondaries made the top 10, while nearly a quarter of all capital closed is payable to Coller's recent effort.
Dan Nolan of Duff & Phelps discusses how technology adopted from hedge funds can be used to contain the damage of the crisis.
GP-led processes were used to isolate top performing assets during the bull market, so why not the opposite now?
Buyers with an appetite for unfunded commitments could be an early beneficiary of coronavirus-related volatility.
Jonathan Goldberg joins from the leveraged finance team at RBC Capital Markets, making him the third senior appointment made by 17Capital in nine months.