Home Exits
Exits
HarbourVest now quizzes GPs about their views on NAV financing as part of its due diligence, managing director Lydia Hao tells PEI.
Research from Rede Partners shows green shoots are beginning to appear when it comes to realisations and investor confidence.
Speaking at the HKVCA's Greater China PE Summit on Monday, Lexington director Niklas Risberg said buyers require discounts and strong GP alignment to get comfortable with the region's higher level of risk.
Banks and direct lending funds will continue to battle it out in the bid to finance sponsor-backed deals as M&A markets at last open up, says Ropes & Gray partner Michael Lee.
A slowdown in the exit market is pushing managers to explore alternative options and hone their value-creation skills.
Co-investments play a key role in its decision to partner with first-time funds and emerging managers, partner and head of Europe Rune Jepsen tells PEI.
Shin Kong Life's portfolio sale comes just weeks after Cathay Life sold $1.2bn of fund stakes to HarbourVest, as impending regulatory changes prompt insurers to rethink their private markets exposure.
Although India remains dominated by growth equity, the market is seeing greater appetite for buyouts as GPs and institutional investors seek a more hands-on approach.
The current market environment is unique compared to previous cycles, says Goldman Sachs Asset Management’s Bradley Gross.
New approaches to GP-led transactions continue to emerge as the ecosystem matures and market needs evolve, says Stefano Manna, head of GP Advisory at Investec.