Secondaries

Hybrid fund structures are evolving investor expectations, say Citco Fund Services’ Tim Harvey and Allison Whaley.

Factors such as fund structuring flexibility and reporting excellence are becoming more important for LPs when selecting GPs, says Edouard Eloy of BNP Paribas’ Securities Services business.

PEI's latest tally of the most active participating placement agents shows a total of $82bn in new capital raised for GP clients last year.

Aqualis' offering will focus on what the firm sees as an underserved part of the secondaries market: smaller transactions.

China has re-entered the investment conversation; continuation vehicle pricing is rising; a muted outlook for private markets comp.

While some software businesses are poised to become stronger on the back of a wave of AI innovation, there will be others that suffer or become obsolete, says managing director Jeff Keay.

Uncertainty has put a dent in otherwise burgeoning secondaries volumes; industry participants urge caution around evergreen marketing; emerging managers get a leg up in Canada.

In today's edition, Texas Teachers is pivoting towards co-investments, even if it costs; European defence investment is down... with a catch; The most common CV economics are revealed.