Private Equity

Secondaries

Blackstone's Strategic Partners acquires portfolio from Alaska Permanent in 'largest-ever' infra secondaries deal

The portfolio acquired from a sovereign wealth fund is probably the largest-ever infrastructure sale, said Blackstone COO Jon Gray.

2 min read · 23 July 2020

Under the hood of CLSA’s first direct secondaries platform

Hong Kong-based CLSA is seeking up to $100m from the likes of HNWIs and wealth managers to build a portfolio of pre-IPO tech unicorns, sister title Secondaries Investor understands.

2 min read · 23 July 2020

Goldman one of several anchors in $1.1bn Riverstone single-asset process

The deal is one of only a few that have proceeded through the pandemic downturn, which otherwise has stopped most secondaries deal activity.

2 min read · 22 July 2020

Secondaries giants drive H1 fundraising to three-year high

Funds that closed on more than $5bn in H1 took on average 15 months to do so, longer than in any of the previous five years, according to PEI data.

3 min read · 13 July 2020

HarbourVest emerges as lead investor in $1.5bn DeVos family office deal

The deal is one of the largest on the market in the pandemic downturn, which has stopped most secondaries deal activity as buyers and sellers look for more clarity on private equity valuations.

2 min read · 10 July 2020

Three things to keep an eye on in H2

Uncertainty over valuations, the denominator effect and LP defaults could be on the cards in the second half of a very unusual year for the private equity industry.

3 min read · 09 July 2020

Exponent closes preferred equity deal on £1bn third fund

The UK mid-market buyout firm has been working with advisor Goldman Sachs on securing financing for its 2015-vintage fund.

2 min read · 02 July 2020

Credit Suisse Private Fund Group combines secondary advisory with direct placements in new unit

The line between co-investing and secondaries has become increasingly blurred as secondary buyers show more appetite for single-asset deals.

3 min read · 29 June 2020

Hedge fund Blue Mountain considers secondaries process for illiquid investments

The Blue Mountain deal, which is not live yet, would be one of the few GP-led secondaries processes of size during the coronavirus downturn.

2 min read · 24 June 2020

Texas Teachers pension sells ‘large, concentrated positions’ on secondary market

The sale was one of the largest LP stake sales last year, though eclipsed by Norinchukin Bank’s $5bn PE portfolio sale.

2 min read · 22 June 2020

Showing 1,371 to 1,380 of 1,833 results
1…137139…184