Amy Carroll
Even amid a wider dealflow drought, Germany’s mid-market is thriving. This comes as a result of relatively low PE penetration, fragmented industries and a new generation of ambitious managers.
LinkedIn has become a crucial component of the fundraising process as LPs scrutinise social media in a bid to support decision-making.
Continuation funds could provide sponsors with more time and capital to execute transformative sustainability initiatives.
Secondaries investors are anticipating a golden vintage – just so long as buyers and sellers can agree on price
GP-led processes overtook traditional LP deals as a proportion of secondaries volume in 2020, and now account for around half of transaction volume.
Everything you need to know about GP-led secondaries, from pricing and conflicts of interest to third-party valuations and SEC proposals.
An auction process is the most common means of price setting, but there are exceptions.
Transparency is key to managing conflicts and enabling alignment of interest.
Processes that don’t offer a status quo option have begun to crop up more frequently in the GP-led market.
Proposed reforms in the US aim to make an independent fairness opinion a requirement in GP-led deals.