Hannah Zhang

Performance Watch: Portfolio Advisors' PE and secondaries funds

The US-based mid-market specialist launched its 12th PE flagship in December with a $750m target, according to pension documents.

Digital instruments enter the secondaries market

Tokenised secondaries funds are a great match for first-time investors in private markets, says Securitize co-founder Jamie Finn.

It’s never too early for LPs to engage with GPs on clawbacks

There are multiple ways an LP can avoid having to take the last resort route of suing a GP over return of paid-out carry.

How many PE funds are at risk of GP clawback? One in 14 – study

There could be almost $80bn of NAV in funds where carry is owed back to LPs that have backed US vehicles, according to research from Upwelling Capital Group.

Advent mulls single-asset CV for enterprise software developer Xplor

Advent is among a group of PE powerhouses including Clearlake and Vista that are exploring CV processes for their software companies.

Florida SBA faces setback in efforts to introduce CFOs

The $257bn pension has been seeking alternatives to secondaries sales to avoid taking massive discounts in such transactions.

Simpson Thacher names new co-heads for fund finance practice

Julia Kohen and Jennifer Levitt will succeed Mary Touchstone, who helped to establish the group.

The Secondaries Investor 50: 2024

Secondaries fundraisers find success through specialisation.

Deals boom for secondaries law firms

The market’s largest legal advisers worked on more than $800bn of transactions last year, marking their second busiest annual period.

How do secondaries funds perform?

Secondaries funds can deliver outperformance compared with PE buyout funds due to their diversification and asset-screening processes.