GP-Leds

The Canadian pension giant has spent two years rebuilding its senior secondaries team with internal promotions and hires from GIC and Partners Group.

Unigestion is also understood to have participated in the transaction involving digital transformation services provider Init.

The firm is understood to have refined the types of secondaries transactions it will target to those owned by an owner-operator.

Guggenheim has made four hires, including two managing directors, in its rebooted secondary advisory team, Secondaries Investor has learned.

Real estate could be the perfect asset class for GP-led secondaries, despite key legal and tax issues, says Steven Cowins, co-chair of Greenberg Traurig’s real estate fund practice.

As the economy turns downward and the rationale behind GP-led deals changes, the SEC’s fairness opinion mandate could be a good thing for the secondaries market.

Jed Johnson, head of ORIX USA's GP-led investment team, tells Secondaries Investor about the $85bn asset manager's plans.

Private equity’s fastest growing sub-sector is also getting market participants excited in adjacent asset classes.

With their multiple benefits for both the GP and LP, management-led secondaries are rapidly gathering steam in real estate.

BlackRock has reorganised its team as it pushes ahead with fundraising following the departure of three MDs to Apollo last month.