Commentary

The investor base includes leading pension fund investors.

Our upcoming special report on the secondaries market shows the future looks bright for this burgeoning asset class – though investors have a list of improvements they’d like to see.

LS Power Equity Partners V will invest in power and energy infrastructure assets, platforms, and companies.

Fund III's limited partners include private and public pensions, endowments and foundations.

'This is the best time ever for investing – and yet it’s hard to get capital,' Ryan Hinkle, managing director of Insight Partners, told Buyouts.

As GP staking firms come up with novel ways to provide exits to investors, the burden will be on them to show such efforts are worth it in the long run.

As the issue of own capital at risk comes to the fore ahead of the UK October budget, Rami Cassis, chief executive of family-run office Parabellum Investments, argues GPs should be upping their skin in the game.

Also, the firm closed its fifth secondary overflow fund at $3.4 billion.

TPG Partners X is expected to roll out in the first half of 2025, while Apollo Investment Fund XI is expected to debut by the end of next year.

Despite a couple of pulled-transaction anomalies, secondaries sales are still seen as a powerful tool for rebalancing portfolios.