Secondaries
Reputational risk, early secondaries help assuage LP default fears
GPs that recently raised are the ones potentially more at risk, but market sources agree widespread defaults would be far-fetched
Schroder Adveq hires Unigestion's van der Kam to head secondaries
Van der Kam was co-head of secondaries at Unigestion and helped build the firm's secondaries platform
Secondaries players weigh up risk and rewards of "ring-fencing" deals
GP-led transactions isolating assets hardest hit by the Covid-19 crisis could appeal to adventurous secondaries players, but challenges abound
Video: Coller's Francois Aguerre on PE's reasons to be cheerful
In the third of Unquote's Lockdown series, Francois Aguerre discusses how long-term secondaries prospects are still strong despite the turmoil
Unquote Private Equity Podcast: Back for secondaries
When activity begins again, will LPs be willing to take a pricing hit? And where will buyer and seller expectations meet?
DWS putting secondary capital to work in late-stage co-investments
Secondaries player has found that offering a mid-cycle co-invest can be an option for PE-backed assets to capitalise on opportunities
Coronavirus: European LPs contemplate course corrections
LPs are not unanimous in their opinion of how the current pandemic will reshape ways of thinking
Secondaries: opportunistic buyers ready for fund stakes to hit market
With more sellers coming to market, prices are unlikely to stay at pre-Covid-19 heights, which could in turn encourage more opportunistic buyers
New perspectives: How secondaries are reshaping PE's risk profile
With LPs increasingly hungry for PE, the boom of the secondaries market can shift perceptions around the risks associated with the asset class
Secondaries sea change: Backing your winners
What was once the preserve of the underperformer is now shifting towards the prized asset
Coller, Glendower et al. shortlisted for CPABF secondaries mandate
US pension fund is looking to commit to two funds, allocating $25m to each
IPEM TV 2020: direct investing still tricky, says Coller's Francois Aguerre
Aguerre explains why co-investments will likely remain a preferable option for large LPs
Direct lenders eye secondaries market for first-gen funds
Several European direct lenders are speaking to secondaries advisers about running processes on older vintage funds
Fund focus: Lexington targets growing Asia secondaries market
GP's ninth fund closed on $14bn, above its $12bn target, and will target secondaries opportunities in Asia
NYSCRF backs secondary special situations fund
New York State Common Retirement Fund (NYSCRF) has committed $400m to secondary special situations and new private lending investments in Asia-Pacific, according to documents seen by Unquote.
Secondaries prices remain strong in Europe amid global dip – research
Setter Capital's latest report reveals a dip in transaction prices for LBOs, funds-of-funds and venture secondaries
Secondaries volume up 25% in H1 – research
Setter Capital's latest research reveals a sizeable uptick in private debt deals, though private equity secondaries still dominate the market
