GP-Leds

Alex Mejia is joining Baird less than 18 months after joining Goldman to advise on single- and double-asset GP-led deals.

Data from Lazard shows that buyers are moving away from single-asset deals priced off a preceding minority stake sale.

The proliferation of product offerings within private equity and alternatives in the region will fuel a boon for buyers, according to Strategic Partners' global head.

Macquarie estimates there could be $50bn-$67bn of infrastructure secondaries AUM by 2025, compared with $18.6bn last year.

Neuberger Berman will make concentrated bets in the LP-led and GP-led secondaries markets.

Buy-and-build specialist Stone-Goff has closed a single-asset process on John Staurulakis, a provider of broadband services.

The transaction involves two assets managed by Deutsche Private Equity and is a first for the Munich-based GP.

Kevin Nowaskey left the investment bank two months ago, having joined in the spring, Secondaries Investor understands.

Some sponsors are still able to drive aggressive terms in GP-led deals, though perhaps not for much longer.

As an increasing number of sponsors turn to secondaries processes, doubts are being raised about the market’s building blocks. Just how aligned is the secondaries market today?