Private Equity
Portfolio Advisors is expanding its secondaries offerings with the launch of a dedicated fund focusing on GP-led restructurings. Stephen Sloan, who joined the firm last month having been private capital advisory head at Greenhill, will co-lead the effort.
2 min read · 06 November 2020
Newbury Partners is marketing a fifth secondaries offering with a target of $1.75 billion and a hard cap of $2 billion, Buyouts reported last November.
3 min read · 06 November 2020
The alternatives manager is raising the Special Opportunities fund alongside its flagship secondaries vehicle, which is targeting $3.75bn.
2 min read · 03 November 2020
Alternatives has more than $6 trillion in assets under management, and only about $100 billion of that trades hands in secondaries, Blackstone president Jonathan Gray said.
2 min read · 28 October 2020
The GP-led process centred on Hightower Advisors is one of several large, concentrated processes in market as buyers make up for lost time.
2 min read · 21 October 2020
Shanghai-based Chris Lerner and another senior executive are understood to have left the placement agent and advisory firm in August.
2 min read · 11 October 2020
The Asian private equity market was grappling with geopolitical rifts even prior to the introduction of global travel bans, yet there are reasons to be optimistic.
10 min read · 30 September 2020
The pension giant has promoted a senior principal from its private equity funds team to lead the unit after former head Michael Woolhouse left to join TPG.
2 min read · 30 September 2020
An intriguing aspect of the Hellman deal is that the firm’s newest pool, Fund IX, would participate in the secondary.
3 min read · 29 September 2020
The market for GP-led processes like single-asset deals and fund restructurings is frenetic.
3 min read · 25 September 2020