Second-hand: could continuation vehicles become ‘SPACs of 2022’?
So far in 2022, GP-led secondary deals have been holding fast as exits involving special purpose acquisition companies (SPACs) have faded from fashion. As GPs and LPs continue to seek liquidity in a challenging exit environment, are these deals here to stay?
More on Secondaries
Flight to quality, impact investing to drive allocations in 2023 – HarbourVest
Asset manager’s investment team discusses secondaries and co-investment dynamics amid a challenging fundraising market
Bellevue hires ex-Partners Group trio for new secondaries strategy
Switzerland-based asset manager plans to launch first secondaries vehicle in 2023
Large LPs among most concerned about denominator effect – Coller Capital
As the stock market slump slows down their PE commitments, LPs are set to increase use of the secondaries market to balance allocations
Secondaries dealflow sees boost from primary fundraising, macro climate – Coller Capital
François Aguerre and Michael Schad also discussed topics including credit secondaries
Latest News
Main Capital exits Onventis in SBO to Keensight
Exit from Main Fund V comes three years after the GP acquired the Germany-based procurement technology company
The Bolt-Ons Digest – 26 January 2023
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Travers Smith names new head of PE and financial sponsors group
Lucie Cawood's appointment follows poaching of Ian Shawyer by Cleary Gottlieb earlier this month
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New entrants scared by remarks on limiting profits; existing investors expected to rush to complete bolt-ons