Pricing

The $81bn sovereign wealth fund is considering hiring an adviser to feel out pricing in the secondaries market, CIO Marcus Frampton said on Tuesday.

Buyers have become more selective and have emphasised the importance of alignment in GP-led deals, according to the advisory firm's latest survey.

The investment firm's president has said it is evaluating opportunities for holding on to existing portfolio companies for longer.

Here are five things to know about the state of the market for when you return to the office after your much deserved mid-year break.

More than 90% of GP-led transactions priced at a 5% discount or better compared with only 32% of LP-led transactions, Campbell Lutyens reports.

The White Plains-based advisory found in its survey that secondaries has become a strong seller's market.

Growth, VC and distressed funds have had significant shrinkages in discounts to NAV, according to Setter Capital's latest pricing report.

Costs have remained stable in the secondaries market, and using data to price portfolios could make them cheaper, writes RockSling Analytics' Harry Vander Elst.

The top average bid for a buyout fund was close to pre-covid levels at the end of last year, with prices for VC and infra up in year-on-year terms.

The flight towards high-quality assets is ongoing as buyers wait for clarity on the real economic impact of covid-19, according to Jasmin Capital's head of secondaries.