Home LP Sales

LP Sales

The interests were the last remaining pieces of a blockbuster sale the pension system made to Blackstone's Strategic Partners in 2018.
Sentiment dampened slightly in 2019, with cost concerns around GP-led deals a sticking point, according to PEI's LP Perspectives survey.
funds
As AlpInvest Partners seeks $8bn for its latest secondaries programme, we look at the Carlyle Group subsidiary's performance so far.
wisconsin state flag
State of Wisconsin Investment Board's private equity portfolio improved by 520bps amid commitments to fewer managers and sales of stakes in non-core managers.
The pension is slightly over its long-term target and the portfolio is one of several large transactions on the secondaries market.
AlpInvest Partners’ Wouter Moerel and Chris Perriello, managing directors and co-heads of the firm’s secondaries investment team, discuss growth in the secondaries market, why they don’t use leverage and what a worst-case scenario could look like.
treasure chest
Evercore's half-yearly report highlights a notable decline in the proportion of LPs choosing to sell in GP-led processes. This could be indicative of profound, longer-term changes.
Outgoing CIO Gary Bruebaker says the $128bn US pension buys fund stakes when GPs get in touch directly.
LPs and GPs pass their judgment on the industry body's updated guidelines, with GP-led secondaries deals a prominent theme.
The LP body’s latest best practice guidance recognises the growing role of GP-led secondaries.
si
si

Copyright PEI Media

Not for publication, email or dissemination