Legal

Law firm Stephenson Harwood's Gabriel Boghossian and Sarah de Ste Croix outline three points of contention and practical steps to ensure effective LPAC operations.

The deal is the latest example of foreign secondaries capital being used to provide liquidity to distribution-hungry domestic LPs, as well as to aid Chinese companies with global expansion.

The Chinese GP has carried out a restructuring on its crisis era fund which has 12 remaining assets.

Kate Simpson has joined the advisory firm and placement agent as general counsel.

The €2bn restructuring of PAI Europe V, centred around one of the world's largest ice cream makers, suggests the secondaries market may be too small.

Around $7.2bn worth of real estate secondaries deals closed or were placed under contract last year, according to research from Landmark Partners.

In this latest excerpt from MJ Hudson's secondaries guide, executives from PJT Park Hill, Capital Dynamics, Montana Capital partners and more share nuggets of advice.

The alternatives asset management consultancy has compiled a guide to secondaries sales which includes checklists for potential sellers and an example NDA.

The LP-friendly limited partnership agreement is intended to cut down the need for negotiation and side letters when establishing a private equity fund.

Ropes & Gray’s Raj Marphatia and Jianing Zhang explain how a secondaries transaction on an Indian-focused fund nearly fell apart.