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Goldman, Coller and Morgan Stanley back fund for employee shares

The firms have backed a $150m fund aimed at employees of private companies, using a part-debt/part-equity strategy.

Stapled deal helps $4.6bn TPG Asia VII over the line

A roughly $1bn secondaries deal with Lexington Partners has helped the firm secure a final close above its target.
People arrows maze

Human Capital special: Secondaries buyside professionals cross to advisory

Money, the desire for variety and changing generational priorities could drive more secondaries investment people into the advisory world.
Vibrant firework explosion on Guy Fawkes night

Secondaries market passes $70bn mark

Deal volume in the strategy has grown 650% over the last 10 years.

London Business School’s Vasvari on the trade-off between PE fees and returns

Professor Florin Vasvari offers his thoughts on fees, investments in technology and the growth of private credit in Europe.

Could fury about PE fees drive secondaries dealflow?

Some buyers of second hand fund stakes will be licking their lips in anticipation of sales driven by cost-cutting this year.
Wedding Ring, Diamond Ring

Investcorp signs $1bn GP-led restructuring with Coller Capital – exclusive

The transaction involves six assets acquired on a deal-by-deal basis since 2012 including Danish luxury brand Georg Jensen.

PSERS eyes secondaries sale amid fee reduction push

The proposed deal comes amid a recommendation by a state commission that PSERS and fellow pension SERS cut illiquids and move to passive index investing.
Photo credit: Alex Lynn

Story of the year: Secondaries firms go after single assets

The year has seen a notable rise in single-asset fund restructurings.

DOWNLOAD: How LPs feel about secondaries

What do LPs think about secondaries funds and GP-led restructurings? Find out in our downloadable presentation showcasing the new Secondaries Investor database.

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