Private Equity
The sheer scale of GP-led secondaries is enormous. But with turnover still marginal, the LP side is also poised for exponential growth.
10 min read · 30 April 2021
Secondaries managers will excel if they remain focused on key market fundamentals while continuously adapting, says Pomona Capital’s Michael Granoff.
7 min read · 30 April 2021
The growth of secondaries and the realities of the market amid the pandemic have forced more flexibility into the classic PE fund model, according to a survey by Paul, Weiss, Rifkind, Wharton & Garrison.
3 min read · 29 April 2021
Buhuo is the latest Chinese GP using secondaries to raise capital from what is perceived to be a more stable LP base than those at home.
3 min read · 29 April 2021
In moving into secondaries, Apollo is joining a host of other big firms that are building out capabilities to take advantage of the rapidly growing market segment.
2 min read · 28 April 2021
Single-asset deals are tapping into the desire among GPs and LPs to hold certain, treasured assets longer than allowed for under traditional private equity structures.
2 min read · 26 April 2021
With assets live in the market, outside buyers occasionally swoop in and make better offers, upending months of work building consensus on the secondaries deal.
3 min read · 23 April 2021
Data released this week show the average hold period for PE assets is at a record high, underscoring a wider trend that's appearing in various forms across the industry.
2 min read · 22 April 2021
The deal is one of the high-profile secondaries in the market this year helping to push activity volumes that some expect to reach record highs by year-end.
2 min read · 19 April 2021
Assets slated for a secondaries deal periodically get snapped up by outside buyers before the deals can close, a risk that increases the longer such deals linger in the market without closing.
4 min read · 15 April 2021
