Editor's View

Our in-house take on what news, trends and developments affecting the secondaries market means to its different participants. In these weekly commentaries we stir discussion and prompt debate as well as comment on issues important to market participants in a lively and thought-provoking way.

Portfolios under the magnifying glass
An investor’s right to negotiate one-on-one competitive terms with its GPs were among the raft of proposals voted on this week.
Our latest investor report suggests private equity’s fundraising slowdown will continue for the foreseeable future.
A diminishing pool of potential targets and the threat to existing portfolio valuations could make US LPs even more cautious about investing in China.
Government intentions and market expectations of the Mansion House reforms may not entirely be aligned.
Permira’s AltamarCAM acquisition could inspire a wave of other generalists to try their hand in an already crowded sector.
looking up at a summit
$1trn in AUM and a $29bn raise are bright spots amid a mixed picture for the market.
The UK’s Mansion House Compact could unlock £50bn of additional financing and, more importantly, help the nation’s pension funds increase exposure to a critical asset class.
Inspecting-documents
As US antitrust regulators consider mandating GPs to reveal their fund investors, there are concerns among those who would rather keep their relationships quiet.
An expanding pool of Japanese investors have conviction in high-risk distress – a significant development for the country’s LP base.
tape measure
Carlyle Group's over €1bn NAV loan for its fifth Europe vehicle is a sign of things to come.
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