Rod James
Rod James is a reporter with Secondaries Investor and also contributes to sister title PrivateEquityInternational.com. He is based in the London office. Prior to PEI, his roles included a stint as a freelancer covering fintech and transaction banking, CEEMEA capital markets reporter with EMEA Finance magazine, and editor of the Latin American political and economic risk team at IHS Global Insight.
The firm has blown past its $7bn target to hold the final close on Vintage VIII, which is already 20% committed.
The secondaries market is more seller-friendly than ever, allowing sponsors to push terms that surprise even seasoned pros. This is unlikely to last.
'Many millennia of bias' make it vital that PE firms actively promote candidates from underrepresented groups, said Nic Humphries.
Blackstone Core Equity Partners II is the largest long-term private equity vehicle ever raised, in an increasingly competitive market.
The covid-19 crisis has done nothing to derail the transition to a carbon-free economy, being driven by some of the world's largest assets owners, the UN climate envoy has said.
The $60bn US pension backed several GP-initiated secondaries processes last year and expects to invest in more before the year is out.
Less competition and a likely increase in the number of smaller forced sellers could make 2020 a good vintage for niche players.
Advisors are likely to widen their scope of deal type this year amid the pause in traditional LP sales and GP-led processes.
A company subject to a secondaries transaction could have at least five layers of leverage. We investigate how coronavirus has tested these layers.
Secondaries buyers should look for a chance to engage with GPs on ESG before deciding not to invest, says LGT Capital Partners' ESG committee chairman.