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Secondaries fundraising dipped 30 percent year-over-year in the first half, with $31.2 billion raised, according to preliminary data from Secondaries Investor.
Clearlake is among a host of firms exploring building out or bolting on secondaries platforms.
The asset manager, which has $170bn in alternatives AUM, is revisiting the strategy having last raised a dedicated secondaries fund in 2016.
The alternatives manager has already raised more than $1bn of capital to invest in senior debt secondaries through two May fund closes.
Claire Hedley most recently led GSAM’s ESG client strategy group in London and was responsible for the asset manager’s client facing and commercial ESG efforts across EMEA.
The impact secondaries firm has shifted the focus of its clean growth strategy recently to preferred equity structured transactions from traditional LP interests.
GP-led activity is picking up thanks to a decline in exit activity during the pandemic and rising familiarity with the practice.
From lenders’ due diligence basics to new processes resulting from increased caution among some lenders, we outline what you should expect when taking out a NAV loan.
Due to their ongoing capital-raising efforts across various direct strategies, firms active in funds of funds continue to make affiliate title Private Equity International's PEI 300 ranking.
With a rapidly growing market in an increasingly volatile environment, secondaries investors need to creatively focus on the basics, says chief executive Michael Granoff in this sponsored Q&A.