Madeleine Farman
MEAG MUNICH ERGO, the asset management arm of European insurer, would rather see one good co-investment opportunity than be shown multiple bad ones, says head of PE and co-investments Gregory Schmitt.
SQ Capital, founded by Mustafa Siddiqui, will focus on mid-market secondaries opportunities.
Secondaries professionals and LPs dust off their crystal balls to give their views on what will drive the market over the next 12 months.
Private equity deal value was up 36% in the first three quarters, with a further flurry of activity following the US election.
While the number of LPs looking to back GP stakes funds remains consistent with prior years, the majority have no plans to invest in these vehicles.
High net-worth investors have been backing secondaries funds at 'astonishing' rates
Disruption in the consumer sector in the wake of the global pandemic took its toll on fund IRRs. Today, there are green shoots of recovery.
The fund has already surpassed its €1.38bn predecessor, which closed ahead of its €1.35bn target in 2019, Private Equity International has learned.
The assets in the process run by the firm formerly known as The Jordan Company 'do not appear to have the ability to generate outsized returns', according to adviser Aon.
The strategy is the firm's fastest growing unit from a headcount perspective, according to chief executive David Layton.










