Rod James
The proportion of LPs planning to tap the secondaries market remains flat, but strong currents point to much more opportunistic buying and selling.
Against the odds, technology has driven a record year for private investment and exits across several emerging markets.
The exceptional performance of private equity is pushing many LPs to offload portfolios on the secondaries market, whether they planned to or not.
The financial services holding company, which has $1.5trn in AUM, is paying $1.75bn for one of the largest remaining independent secondaries firms.
The new hire from JP Morgan will handle Blackstone's financial institution relationships, including the banks that finance its PE operation.
The firm, which counts Madison Square Garden Company's former CEO as a co-founder, takes passive stakes in sports franchises.
On Thursday, a policy with wide-reaching implications for the private equity industry moves from the Ways and Means Committee to the floor of the House of Representatives.
Academic Cyril Demaria and Greenhill's Bernhard Engelien debate the role of secondaries in portfolio construction and what LPs should bear in mind.
Michael St Germain of investment consultant Segal Marco was interviewed at PEI’s Investor Relations, Marketing and Communications Forum. Here are some of the green lights and red flags he looks for in GPs trying to raise capital.
The private equity subsidiary of New York Life Insurance Company has lost six senior executives, including CEO Tom Haubenstricker and CIO Quint Barker.