Private Equity
The deal, a concentrated-asset GP-led secondaries process, is among a few that have been able to navigate to final close this year despite the widening bid/ask spread.
3 min read · 21 October 2022
The agency with oversight of New York City’s five public pension systems says staff constraints could limit future plans to make smaller commitments to more managers.
2 min read · 20 October 2022
Harvest’s tender offer sale is among several that GPs are using to give existing LPs an option to generate liquidity, while trying to boost new fundraisings.
3 min read · 18 October 2022
Investors who do not participate in GP-led secondaries opportunities could be incurring an opportunity cost of at least 15% over the long run, a study by Upwelling Capital Group has found.
4 min read · 16 October 2022
CDPQ is among several sellers who have chosen to test pricing in the market, rather than engage in a full-out secondaries auction to sell fund stakes.
3 min read · 11 October 2022
British pensions have been dumping liquid assets to free up cash due to the gilt crisis; whether they’re currently selling private markets holdings for the same reason is another question.
3 min read · 10 October 2022
The process, known as a tender offer, is among several options GPs have to deliver liquidity back to LPs at a time when distributions and fundraising are slowing.
4 min read · 05 October 2022
Many institutions have become overweight to private equity as public markets have declined, and amid a slowdown in M&A activity, they're looking for ways to generate liquidity.
3 min read · 30 September 2022
The situation is an example of the challenges of completing LP portfolio sales in today’s market, with a widening gap between buyer and seller pricing expectations.
3 min read · 28 September 2022
The hiring comes as several mid-market investment banks are acquiring capabilities to advise on secondaries transactions, usually focused on GP-led deals like single-asset continuation funds.
2 min read · 26 September 2022
