Private Equity
GP-led deals like single-asset processes are beginning to flood the market as secondaries activity picks up after a sustained pause in the pandemic downturn.
3 min read · 14 August 2020
Secondaries activity has been picking up over the summer, with an expectation that volume will pick up in force after Labor Day.
2 min read · 13 August 2020
The firm closed Fund III in April on $450m as well as an overage fund on $150m to take advantage of excess opportunities beyond the main fund's pacing.
2 min read · 10 August 2020
TPG's entry as the latest multi-asset manager to the secondaries market is likely to not be the last this year.
2 min read · 06 August 2020
While most traditional LP portfolio sales activity is not expected to make a significant comeback until later this year, certain portfolios containing high-quality funds are trading at reasonable prices.
2 min read · 05 August 2020
The firm is nearing a final close on its largest secondaries programme, which has thus far raised $2.2bn out of a $3bn target.
2 min read · 05 August 2020
The downturn could prove to be a boon for GP-led secondaries deals as managers look for ways to deliver distributions to LPs in older funds even as they push off exits.
3 min read · 03 August 2020
The CPPIB secondaries head will lead TPG's secondaries investment strategy in Europe and the US.
2 min read · 27 July 2020
Although HNWIs have not been precluded from acquiring positions in pre-IPO businesses via the secondaries market, the process can be complex and fraught with risk.
5 min read · 27 July 2020
Single-asset secondaries deals can allow managers to realise the dream of holding prized assets for longer, but present novel challenges for LPs to evaluate, writes capital raiser Ed Stubbings.
3 min read · 24 July 2020