Jefferies related stories
All articles and analysis
GPs get creative amid slow fundraisingFund terms are becoming more reflective of market conditions.
PE’s GP-led secondaries market is coming of agePEI’s latest GP-led Secondaries Report explores a market that continues to break new ground, despite 2022’s apparent slowdown.
How big is the GP-led secondaries market today?GP-led processes overtook traditional LP deals as a proportion of secondaries volume in 2020, and now account for around half of transaction volume.
Three trends for GP-led secondaries’ next phaseAlignment and specialisation come to the fore as the GP-led secondaries market matures.
Fine-tuning secondaries strategiesBuyers are increasingly splitting out their fund strategies as institutional investors seek specific risk/reward categories for secondaries.
Jefferies: How to successfully navigate a choppy marketClear transaction rationale, defendable valuation positioning and a strong show of conviction from sponsors is helping buyers to get comfortable with continuation fund deals in a tough macro environment, says Matt Wesley at Jefferies.
PEI Awards 2022: SecondariesThe top secondaries firms, advisers, deals and law firms of the year, as voted by PEI readers
Side Letter: Greenbriar's bellwether billions; Carlyle's chosen chief; Tikehau's debt CFOIndustrials firm Greenbriar is further evidence that capital remains available for managers below the mega-fund fold. Plus: Carlyle's search for a new chief appears to be over; and Tikehau has raised a collateralised fund obligation. Here’s today's brief, for our valued subscribers only.
Side Letter: Oakley's multi-billion raise; LPs' negotiating power; GP NAV delaysOakley's latest fund close is almost double the size of its predecessor. Plus: How the fundraising landscape will evolve in 2023 and private equity's valuation delays could go on for another half year. Here’s today's brief, for our valued subscribers only.
Secondaries could reshape the LP landscapeMany public institutions in the US are exploring portfolio sales thanks to a confluence of factors that has left them at, or above, their private equity allocations.