Private Equity

Secondaries

Mid-market investment bank William Blair eyes GP-led secondaries advisory

Blair is one of several banks and financial advisers thinking about adding secondaries capabilities.

2 min read · 31 March 2022

PE’s dreaded denominator effect could prompt some tough decisions

A simultaneous numerator, denominator effect may leave some LPs significantly overallocated at a time when their GPs are asking for re-ups.

2 min read · 31 March 2022

Ventura County books strong secondaries returns

Presentations from HarbourVest and Pantheon show strong returns from secondaries as the niche market moves into pricing uncertainty.

2 min read · 29 March 2022

TPG seeks $24.5bn for recently launched funds amid 'indigestion' in PE fundraising

'In the short term, the industry is definitely experiencing some indigestion', said TPG CFO Jack Weingart on the firm's first public earnings, noting TPG expects to hit its targets quicker than it initially thought.

2 min read · 28 March 2022

Deals

What Blackstone, Carlyle and abrdn look for in GP-led deals

Sponsors must ensure their own interests align with those of their existing LPs and the buyers to combat a rise in 'conflict washing', panellists at last week's Invest Europe forum warned.

3 min read · 28 March 2022

Kaiser Permanente runs $1.5bn PE secondary sale as it looks to expand strategy

Traditional LP processes may slow down, sources have told Buyouts, as pricing becomes uncertain as a result of macro effects.

2 min read · 18 March 2022

How this $35bn South Korean insurer approaches new GP relationships

Hyundai Marine & Fire Insurance has a 25% allocation to alternatives, of which about one-quarter is held in private equity and private debt, senior manager Innchul Oh tells PEI.

4 min read · 16 March 2022

Emerging manager Banneker eyes pre-fund asset Linq for GP-led deal

The GP-led market has exploded since the pandemic as GPs look to hold certain businesses longer than allowed under the terms of traditional PE funds.

2 min read · 15 March 2022

Evercore secondaries advisory exec Michael Catts to leave and join Hollyport

As secondaries has exploded in popularity over the past few years (reaching a record volume level last year of about $130bn), the growth of the talent pool has not kept up.

2 min read · 11 March 2022

Oaktree acquires 17Capital in pref equity and debt play

Oaktree's parent company, Brookfield, has opened another front in its expansion strategy, having entered the real estate and infrastructure secondaries markets beginning in 2020.

2 min read · 09 March 2022

Showing 1,051 to 1,060 of 1,833 results
1…105107…184