Rod James
Rod James is a reporter with Secondaries Investor and also contributes to sister title PrivateEquityInternational.com. He is based in the London office. Prior to PEI, his roles included a stint as a freelancer covering fintech and transaction banking, CEEMEA capital markets reporter with EMEA Finance magazine, and editor of the Latin American political and economic risk team at IHS Global Insight.
The proportion of secondaries transaction volumes to primary capital raised has stayed stubbornly around the 1% mark, as the primary market continues to grow.
Unlike secondaries deals, mid-life co-investments do not require the creation of a new vehicle or resetting fund economics.
Secondaries fundraising hit its second-highest half-yearly total ever in H1 2021, despite being down 27% in year-on-year terms.
The funds will complement the GP stakes business, which co-president Michael Rees called 'one of the most underpenetrated spaces in all of alternatives'.
The alternatives manager has opened an office in mainland Europe to tap into growing institutional and private wealth demand.
The biggest riser on this year’s list is greatly increasing its support for fund managers rocked by covid-19 and currency volatility.
The role in the Portfolio Operations teams involves working directly with portfolio companies to 'accelerate growth and innovation'.
Eight of the top 20 largest firms in the PEI 300 already manage secondaries funds or are working on the strategy.
Technology specialists are hot on the heels of the very largest multi-asset managers with the pandemic adding further impetus.
The $74bn alternatives manager is seeking approval for another office in the region, its 11th worldwide.