Secondaries

As traditional exits remain sluggish this year, GPs are getting creative in finding ways to deliver liquidity to limited partners in older funds.

Yale University has come to market with one of the largest LP-led transactions of recent years. Plus: Navis completes another GP-led transaction; and climate giant Altérra is seeking new partners. Here's today's brief, for our valued subscribers only.

The median MOIC for continuation funds slightly outperforms that of buyouts, in line with findings presented early last year including a larger data set, according to a report.

In this podcast, PEI Group editors discuss what GPs say they're focusing on amid the trade war-induced uncertainty, how the secondaries market stands to benefit, and how investors are reacting to the volatile environment.

LPs without the technical capacity or appetite for secondaries could find themselves with a trophy asset blind spot. Plus: San Bernardino reckons emerging managers could prove key to unlocking exit opportunities. Here's today's brief, for our valued subscribers only.

The $26bn investor is seeing 'more appealing dealflow' from oversubscribed GPs, partner Mat Powley tells PEI.

Goldman's David Solomon says recent turbulence is likely to compound demand for DPI. Plus: Southeast Asia is on a private equity upswing. Here's today's brief, for our valued subscribers only.

The placement agent, which takes a generalist approach to primary and secondaries advisory, has made a number of hires from firms including now defunct Mercury Capital Advisors.

Private equity funds in the first quarter gathered about $180bn between them, $22bn less than the equivalent period last year.