Analysis

Video: Coller Capital's Giovanni Orsi

Source: unquote | 11 Dec 2012 | screening image
Loading the player ...

Coller Capital principal Giovanni Orsi talks to unquote" editor-in-chief Kimberly Romaine about the growth of the secondaries market.

Secondaries activity has increased exponentially over the past few years. And, according to Orsi, this trend shows no signs of dying down: "We expect the market to grow in the next 2-3 years. Based on some of our recent research, we anticipate that more than 60% of LPs will be active on the secondaries market either as buyers or sellers – a figure higher than it was in the past."

In addition to strategic sellers such as banks and insurance companies, Orsi highlights the sustained emergence of more "tactical" players using secondaries as an asset management tool. He also notes that hedge funds are also expected to play a larger part in the secondaries market: "There are side pockets of private equity-type assets in hedge funds that are not managed properly today."

Finally, Orsi touches upon the current crop of staple secondaries: "This is something that is more driven by the economic situation, and which makes sense now in a difficult fundraising environment. But I don't think this is is a trend that will grow, and I don't think it will particularly benefit the industry."

This is an excerpt from the full conversation, recorded at the annual unquote" Italian Private Equity Congress in November. Click the player above to watch the video in full.

Visitor Comments

 

Add your comment

We won't publish your address
By submitting a comment you agree to abide by our Terms & Conditions

Your comment will be moderated before publication.

search unquote.com

Industry news

Clifford Chance promotes Dieners

Second promotion for Peter Dieners in one year

DACH unquote

| 01 Aug 2014 | secure

Calculus plans £25m EIS fund

The investor will back 8-10 companies based in the UK

UK unquote

| 31 Jul 2014 | secure

Hony’s PizzaExpress issues £610m of bonds

Moody's assigns bond credit rating of B3

UK unquote

| 31 Jul 2014 | secure

Carlyle appoints Cardinal Ireland Fund directors

Both will be based in Carlyle's Dublin office

UK unquote

| 31 Jul 2014 | secure

Regions

Event

event

unquote British Private Equity Awards

Date: 02 Oct 2014

Location: London, UK

event

unquote" DACH Private Equity Forum

Date: 07 Oct 2014

Location: Munich, Germany

event

unquote" Italia Private Equity Forum

Date: 12 Nov 2014

Location: Milan, Italy

event

Forum unquote” Italia sul Private Equity

Date: 12 Nov 2014

Location: Milan, Italy

Updating your subscription status Loading

People

Tom Rowley of NorthEdge

Tom Rowley, NorthEdge Capital

NorthEdge Capital promotes two members of its team to investment director and investment manager

More people news

Richard Shaw

Richard Shaw, Growth Capital Partners

Growth Capital Partners (GCP) has promoted Richard Shaw to investment director

More people news

Peter Misek of DN Capital

Peter Misek, DN Capital

DN Capital has appointed Peter Misek as venture partner

More people news

Eamon Nolan of YFM Equity Partners

Eamon Nolan, YFM Equity Partners

Eamon Nolan, former portfolio director at 3i, has joined YFM Equity Partners

More people news

David Burns of Phoenix Equity Partners

David Burns, Phoenix Equity Partners

Phoenix Equity Partners has promoted David Burns and Richard Daw to managing partner

More people news

Events

event

unquote British Private Equity Awards

Date: 02 Oct 2014
Location: London, UK
event

unquote" DACH Private Equity Forum

Date: 07 Oct 2014
Location: Munich, Germany
event

unquote" Italia Private Equity Forum

Date: 12 Nov 2014
Location: Milan, Italy
event

Forum unquote” Italia sul Private Equity

Date: 12 Nov 2014
Location: Milan, Italy
pages-from-thomson-reuters-operational-risk-vendor-highlights-report-final

Chartis Report: Operational Risk Management Systems for Financial Services 2013

This report covers the specific technologies required for firms to improve their ORM processes.

resizetheoptimizationofeverything

The optimization of everything: OTC derivatives, counterparty credit risk and funding

The global financial crisis has created much excitement over counterparty credit risk (CCR) and, in recognition of this, banks have been improving their practices around CCR.

Email Alerts