Secondaries

Specialisation trends are beginning to emerge in the evergreens space, allowing for more structured investments, according to Pantheon’s Michael Hutten and Victor Mayer.

An uncertain global environment means it has never been more important to start laying the foundations for exit earlier in the investment lifecycle, say KPMG’s Paul Pan and Gavin Geminder.

The evolution of the secondaries market, and developments around evergreens and the wealth channel, are helping to address LPs’ liquidity requirements, say Pantheon’s Jeff Miller and Amyn Hassanally.

An uncertain world is pushing more investors to seek liquidity, requiring ongoing innovation in the secondaries market, says Michael Granoff, founder and chief executive of Pomona Capital.

As financial advisers better understand the fundamental benefits of investing in the private markets, they are focusing on portfolio construction and implementation, says Bob Long, CEO of StepStone Private Wealth.

In spite of shockwaves from Trump’s on-again-off-again trade war, the secondaries industry is gearing up for yet another record year.

Part of Vista Equity's contribution to the deal will come through its private wealth channel, a source said.

China's CIC is the latest institution to consider offloading a sizeable private equity portfolio. Plus: Why US managers shouldn't count their chickens despite a regulatory shake up; and TPG adds to its PE leadership. Here's today's brief, for our valued subscribers only.

The transaction, which could total as much as $1bn in size, is understood to comprise a concentrated list of funds and managers.

LP giant NYCERS has thrown down the gauntlet on net-zero adoption among its private markets GPs. Plus: APAC secondaries firm Bee Alts completes an acquisition; and lessons on governance in Southeast Asia. Here's today's brief, for our valued subscribers only.