Secondaries

As the secondaries market segments into different risk/return strategies, LPs may need to become more granular in their approach to the asset class, say Ignacio de la Mora and Derek Snyder, partners at AltamarCAM Partners.

Following an ‘era of innovation’, the secondaries market is ushering in a new age of growth.

Evolutions in the secondaries market have led to different levels of growth in its various subsegments, says Nate Walton, partner and head of private equity secondaries at Ares Management

Our upcoming special report on the secondaries market shows the future looks bright for this burgeoning asset class – though investors have a list of improvements they’d like to see.

Transfer agreements are seen as a $100,000 'copy & paste job' by some and 'complex legal contracts' that law firms are losing money on by others.

The firm was best positioned to know the asset well, which helped inform its ability to set an appropriate price, Kian managing partner Kevin McCarthy said in an interview.

The decision comes as part of ERS Texas’ continued commitment to the private equity asset class, bumping its fiscal year 2024 target up $50m from last year’s $600m targeted commitment.

Aizawa AM’s third flagship, which held its final close this year, is already 85% deployed, says chief executive Shinichiro Shiraki.