Adam Le
With an estimated $200bn in buying power available for secondaries over the next year, Private Equity International examines a strategy that has become mainstream.
Having close dialogue and being transparent are key, says Pablo de la Infiesta, fundraising rainmaker and head of the firm's private funds advisory group for EMEA.
LPs said on Friday they would sell as much as $900m in stakes, bringing the firm close to its $5bn target for Fund VIII.
The Canadian pension is backing a 2:1 secondaries to primary transaction which could bring the firm to the $5bn target of it latest buyout fund.
The distressed specialist reduced its offer to around $20m for Abraaj's entire platform on Monday.
The transaction allows Hermes GPE, on behalf of BT Pension Scheme, to reallocate to strategies including emerging markets and new managers.
The French industry association's new chairman wants to encourage family-owned businesses to be more open to private equity.
A rebound in oil pricing is helping to narrow buyers’ and sellers’ expectations.
The process to restructure the embattled emerging markets firm could be wound up before the end of summer.
Bryn Gostin, a former attorney, has joined the firm as head of product development and strategic initiatives.