Co-investors often have different expectations and preferences than main fund investors when it comes to GP-led secondaries processes, write Debevoise's Jane Engelhardt, Brett Bush and Lauren Heller.
NAV’s inherent synergies with secondaries means the strategy is gaining significant traction among East Asian LPs.
PSERS' former co-head of private markets Darren Foreman and value creation evaluation agency's Romain Begramian argue that managers need to up their game to combat falling returns and confidence in the sector.
Institutional investors can no longer ignore the fact that exposure to high-quality assets is increasingly accessed via the secondaries market.
LPs warming to NAV loans, a surprising degree of liquidity, and a spate of evergreen entrants could define the rest of this year.
Debates on increasing tax on carried interest shouldn’t ignore the wider contribution private equity brings to economies.
A court of appeals decision in the US this week to render null and void the SEC’s private fund rule doesn’t signal the end of efforts to better protect investors.
Knowing exactly why you want to co-invest and formalising your strategy will go a long way towards making you a sought-after co-investor, say Steven Hartt and Ethan Samson, managing principals at Meketa Investment Group.
Charging 10% carried interest on a deal-by-deal basis is not necessarily cheaper than 20% or even 30% charged on a fund basis, argues University of Oxford's Saïd Business School's Ludovic Phalippou.
Private equity continues to face a liquidity crunch. Could a new technology for exits be on the horizon?