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

VC-backed MedaPhor to float

Planned offering will give company £10.1m market cap

UK unquote

| 20 Aug 2014 | secure

Investec expands fund finance team

Specialist finance provider hires new associate to London office

UK unquote

| 20 Aug 2014 | secure

RBS’s Cockell steps up as Bosson steps down

RBS’s Cockell steps up as Bosson steps down

RBS has named Steve Cockell as head of London origination

UK unquote

| 19 Aug 2014 | secure

BGF appoints Bristol-based investment manager

BGF appoints Bristol-based investment manager

Business Growth Fund (BGF) has appointed Sarah Ledwidge as investment manager in its Bristol Office

UK unquote

| 19 Aug 2014 | secure

Updating your subscription status Loading

People

Steve Cockell of RBS

Steve Cockell, RBS

RBS has named Steve Cockell as head of London origination

More people news

Sarah Ledwidge of Business Growth Fund

Business Growth Fund (BGF) has appointed Sarah Ledwidge as investment manager in its Bristol Office

More people news

Sam Archer of Downing

Downing has appointed Sam Archer as investment director in its unquoted investment team.

More people news

Oliver Felsenstein of Clifford Chance

Oliver Felsenstein, Clifford Chance

Clifford Chance has promoted Oliver Felsenstein to head of corporate advisory in the company’s German office

More people news

rs-and-mike-falzon3

Michael Falzon, Catalyst Corporate Finance

Michael Falzon spent eight years at Deloitte

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